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Are Allegiance Community Bank CD deposits FDIC-insured?

April 26, 2017Allegiance Bank CD deposits FDIC-insured

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Are Allegiance Community Bank CD deposits FDIC-insured?

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Yes. All of Allegiance Community Bank’s certificate of deposit (CD) accounts are insured by the Federal Deposit Insurance Corporation (FDIC). The basic insured amount of a depositor is $100,000. Deposits maintained in different categories of legal ownership are separately insured.