TrustBank customers' insured deposits are safe!  No one has ever lost a penny of deposits insured by the FDIC.  If you are concerned about the safety of your money, talk to one of our TrustBank employees to get the straight facts. 

FDIC Insurance

Effective May 20, 2009, the temporary increase in FDIC deposit insurance from $100,000 to $250,000 per depositor which went into effect on October 3, 2008 was extended through December 31, 2013.

Each depositor at TrustBank has the basic insurance amount of $250,000 per depositor per bank. Individual retirement accounts, or IRAs, held in banks are insured up to $250,000. In addition, you may qualify for more than $250,000 in coverage at one bank if you have deposit accounts in different ownership categories, such as single accounts, retirement accounts, joint accounts and revocable trust accounts. This means that the full strength and credit of the U.S. government is behind your deposit. Of course, TrustBank is a strong and stable institution, and none of our depositors has ever had to rely on the FDIC. Nevertheless, it is nice to know that it is there.

TrustBank is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under FDIC's general deposit insurance rules.

If you have more than $250,000 deposited with TrustBank, EDIE (the FDIC’s Electronic Deposit Insurance Estimator) can help you determine the maximum amount of deposit insurance available for your accounts by the FDIC. Click here to estimate your deposit insurance coverage limits.

The value of an investment in stocks and bonds is not insured; not by the government, not by anyone.

For more information on EDIE, click here.

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