Federal Deposit Insurance Corporation (FDIC) Coverage
Deposits in your Industrial Bank checking accounts, savings accounts, money market accounts and Certificates of Deposit (CDs) are insured up to $250,000 per depositor for each account ownership category under the FDIC’s general deposit insurance rules. Your Industrial Bank individual retirement accounts (IRAs) are separately insured up to $250,000 per owner.
The FDIC has created a free tool called the Electronic Deposit Insurance Estimator (EDIE) to help you calculate how your deposits are insured. Click here to learn more, or call the FDIC toll-free at 1-877-ASK-FDIC (1-877-275-3342).
Industrial Bank is an FDIC-insured bank...
The FDIC stands for Federal Deposit Insurance Corporation, and its purpose is to ensure your deposits here at Industrial Bank are safely insured up to $250,000. Below you can find more information about the FDIC, along with links to important disclosures.
Learn how we keep your money safe by being an FDIC member bank. Visit the FDIC website for more details.