FDIC Increases Your Deposit Insurance Limits
The Federal Deposit Insurance Corp. (FDIC) has increased your deposit insurance from $100,000 to $250,000 per depositor.
- How do you benefit?
- The Claxton Bank is an FDIC member bank, which means this increased coverage applies to you and your accounts at The Claxton Bank.
- Your deposit accounts, savings, checking, money market and CDs, are insured up to $250,000 per depositor.
- Depending on how your accounts are titled, you can receive more than $250,000 as a household.
Talk to a Claxton Bank representative for details. And to learn more about the FDIC and how it makes your bank deposits secure, go to www.myFDICinsurance.gov