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How secure is my money with Atlantic Stewardship Bank?

April 26, 2017Atlantic Bank money Secure Stewardship

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How secure is my money with Atlantic Stewardship Bank?

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FDIC Insurance Coverage – As a result of the passage of the Emergency Economic Stabilization Act of 2008 on Friday, October 3, 2008, FDIC deposit insurance increased coverage limits from $100,000 to $250,000 per depositor through December 31, 2009. For additional information on the new FDIC guidelines, visit the FDIC website (www.fdic.gov) or call toll-free 1-877-ASK FDIC (1-877-275-3342) www.fdic.

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As a result of the Dodd-Frank Wall Street Reform & Consumer Protection Act signed into law on July 21, 2010, the FDIC standard insurance amount of $250,000 per depositor is permanent.