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FDIC Deposit Insurance Coverage


FDIC Insurance covers all deposit accounts, including checking and savings accounts, money market deposit accounts and certificates of deposit.  FDIC insurance does not cover other financial products and services that banks may offer, such as stocks, bonds, mutual fund shares, life insurance policies, annuities or securities.


The Standard insurance amount is $250,000 per depositor, per insured bank, for each account ownership category.


The FDIC provides separate coverage for deposits held in different account ownership categories.  Depositors may qualify for more coverage if they have funds in different ownership categories and all FDIC requirements are met. (For details on the requirements, go to


The following chart shows standard insurance amounts for FDIC account ownership categories.  All deposits that an accountholder has in the same ownership category at the same bank are added together and insured up to the standard insurance amount.


FDIC Deposit Insurance Coverage Limits – by account ownership category

Single Accounts (owned by one person)

$250,000 per owner

Joint Accounts (owned by two or more persons)

$250,000 per co-owner

Certain Retirement Accounts (includes IRAs)

$250,000 per owner

Revocable Trust Accounts

$250,000 per owner per beneficiary up to 5 beneficiaries (more coverage available with 6 or more beneficiaries subject to specific conditions and requirements)

Corporation, Partnership and Unincorporated Association Accounts

$250,000 per corporation, partnership, or unincorporated association

Irrevocable Trust Accounts


$250,000 for the non-contingent, ascertainable interest of each beneficiary

Employee Benefit Plan Accounts

$250,000 for non-contingent, ascertainable interest of each plan participant

Government Accounts

$250,000 per official custodian (more coverage available subject to specific conditions)


Notice:  By federal law, as of 1/1/2013, funds in a noninterest-bearing transaction account (including an IOLTA/IOLA) will no longer receive unlimited deposit insurance coverage, but will be FDIC-insured to the maximum of $250,000 for each ownership category.  For more information visit


To calculate your deposit insurance coverage

Use the FDIC’s Electronic Deposit Insurance Estimator (EDIE) at:


If you have questions about FDIC coverage limits and requirements, visit, call toll-free 1-877-ASK-FDIC or ask a representative at The Citizens National Bank of Southwestern Ohio.