Are First United Security Bank deposit accounts FDIC insured?
On October 3, 2008, FDIC deposit insurance temporarily increased from $100,000 to $250,000 per depositor, per account, through December 31, 2013. The chart above is one example of how your deposited funds can be fully insured by the FDIC at one institution. Protecting and insuring peoples bank deposits – its a simple idea. This idea became the foundation of our modern banking system, by creating stability and promoting public trust and confidence. And it works. Since the start of the FDIC insurance program, not a single depositor has lost a single penny of insured deposits from a bank failure.
