FDIC Information

Your Deposits At Citizens Bank Are Insured By The FDIC. 

The FDIC has permanently increased its deposit insurance coverage to $250,000 per depositor, per insured institution for each account ownership category.  Below are answers to some common FDIC questions:

  Which types of accounts are covered by the FDIC?

All Citizens Bank deposit accounts are covered, including:  checking, savings, CDs, money market savings accounts and Individual Retirement accounts (IRAs).

What do I need to do to obtain coverage?

The increased deposit insurance coverage is automatic. You are not required to take any action to obtain coverage.

I want to learn more about FDIC insurance coverage.

For specific questions about your accounts, talk to a Citizens Banker or visit  www.fdic.gov for additional general information

How much am I covered for with the FDIC deposit insurance increase?

The standard coverage amount is $250,000 per depositor per bank. However, if you have different account ownership categories, you may be eligible for additional coverage. To calculate how your accounts are covered by FDIC insurance, talk to a Citizens Banker or visit www.myfdicinsurance.gov and use EDIE the Estimator to create a report .