STANDARD DEPOSIT INSURANCE COVERAGE AMOUNT OF $250,000 MADE PERMANENT

The Dodd-Frank Wall Street Reform and Consumer Protection Act signed by President Barack Obama on July 21, 2010, made permanent the current standard maximum deposit insurance amount (SMDIA) of $250,000.  The FDIC coverage limit applies per depositor, per insured depository institution, for each account ownership category.  Please click here for additional information.