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Are Sturdy Savings Bank deposit accounts FDIC Insured?

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Are Sturdy Savings Bank deposit accounts FDIC Insured?

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Yes! Each individual customer at Sturdy Savings Bank is insured by the FDIC up to $100,000.00. Individual Retirement Accounts (IRAs) are insured separately up to $250,000.00 per depositor.

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Yes! Depositors’ interest bearing accounts totaling $250,000 or less at Sturdy Savings Bank, an FDIC insured Bank, are fully insured. Depositors with more than $250,000 at Sturdy can still be fully insured, provided the accounts meet certain requirements. We can help you calculate your insurance coverage using the FDIC’s online Electronic Deposit Insurance Estimator. In addition, all non-interest bearing deposit accounts will receive unlimited coverage through December 31, 2012.

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