Deposit Protection. The Bank is committed to providing a safe and sound capital structure through the retention of earnings to guarantee the protection of our customers’ deposits. All of a depositor’s accounts at an insured depository institution will be insured by the FDIC up to the Standard Maximum Deposit Insurance Amount (SMDIA) of $250,000 for each deposit insurance ownership category. Insurance coverage applies to a person’s funds in checking, savings deposits, certificates of deposit, and bank money market accounts, as well as bank Individual Retirement Accounts. Bank personnel are available to discuss protection for your deposit accounts. For more information about FDIC insurance go to xxx.XXXX.xxx or call 0.000.XXX.XXXX (0.000.000.0000).
Appears in 6 contracts
Samples: Deposit Account Agreement, Deposit Account Agreement, Deposit Account Agreement
