Federal Deposit Insurance Corporation (FDIC)
The FDIC allows consumers to deposit their money at any FDIC ensured bank confidently, knowing that funds are backed by the United States government up to the allowable coverage limitations. Atlantic Community Bank is an FDIC-insured financial institution.
The standard FDIC insurance coverage amount is $250,000.00 per depositor, for each account ownership category, per insured bank. Covered accounts include:
- Checking accounts
- Negotiable Order of Withdrawal (NOW) accounts
- Savings accounts
- Money Market Deposit Accounts (MMDAs)
- Time deposits such as certificates of deposit (CDs)
- Cashier's checks, money orders, and other official items issued by a bank
To Learn more about FDIC Coverage, call 1-877-ASK-FDIC or visit www.fdic.gov.