What is the FDIC insurance limit for my accounts after the six-month grace period?
General FDIC insurance limit: Your deposits at M&T Bank are fully insured up to $250,000 by the FDIC, and are therefore backed by the full faith and credit of the U.S. government. Please keep in mind, FDIC coverage depends on the type of accounts you have and the ownership of those accounts. Special rules for non-interest-bearing transaction accounts are discussed below. You can learn more about FDIC coverage and how you may be impacted, by visiting http://www.fdic.gov. Estimate your coverage by accessing the FDIC Electronic Deposit Insurance Estimator. Special FDIC Insurance Provisions for Non-Interest-Bearing Transaction Accounts: In accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act, from December 31, 2010, through December 31, 2012, all funds in “non-interest-bearing transaction accounts” are insured in full by the FDIC. This unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC’s
