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Is EmigrantDirect FDIC? ?

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Is EmigrantDirect FDIC? ?

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Emigrant Savings Bank is a member of FDIC. With EmigrantDirect being a division of Emigrant Savings Bank, it is also covered by the FDIC. The FDIC provides deposit insurance for member banks guaranteeing the safety of checking and savings deposits. Deposits at EmigrantDirect are insured up to a maximum of $100,000 per account type. If one has both an individual along with a joint account, that person will be insured up to $200,000.

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