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Are First American Bank and Trust accounts FDIC-insured?

April 26, 2017accounts American Bank FDIC-insured Trust

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Are First American Bank and Trust accounts FDIC-insured?

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Yes. As of October 3, 2008 there will be an immediate (and temporary) effect on FDIC insurance coverage. Deposits are insured up to $250,000 (previously $100,000) for insurable accounts and Retirement accounts are insured for up to $250,000 as well. Visit the FDIC online at http://www.fdic.gov for more information.