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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

 

 

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