What are the FDIC insurance limits?
The FDIC provides insurance of $250,000 per depositor for each account ownership category. For checking accounts, however, FDIC insurance is currently unlimited – the entire checking account is insured, no matter how large the account balance. If you have more than one account at a bank, each account may have additional, separate FDIC insurance, depending on the account type and ownership. Everyone’s situation is different, so it is important to visit www.FDIC.gov to fully understand the particular FDIC coverage limits for you or your family’s money. Or, visit any Rabobank or former Butte Community Bank branch and ask us for additional information about your coverage under FDIC insurance.
