Your FDIC-Insured Deposits
Know your money is safe and FDIC-insured when on deposit with First State Bank, meaning it is backed by the full faith and credit of the United States government. The FDIC or Federal Deposit Insurance Corporation is an independent agency of the United States government that protects you against the loss of your deposits. Since its creation in 1933, no depositor has ever lost even one penny of FDIC-insured deposits.
EDIE the Estimator
FDIC provides consumers and bankers with an Electronic Deposit Insurance Estimator, or EDIE the Estimator, to calculate the insurance coverage of all your deposit accounts on a per-bank basis. With step-by-step assistance from EDIE, you will learn how the FDIC insurance rules and limits apply to your specific personal, business or government deposit account types and what portion (if any) exceeds coverage limits.
Personal Accounts
Deposits held by people in single accounts, joint accounts, POD/ITF accounts, living trust accounts, and Individual Retirement Accounts (IRAs).
Business Accounts
Deposits held by corporations, partnerships, and organizations, both for-profit and not-for-profit.
Government Accounts
Deposits held by public units such as school districts, cities, municipalities, counties, and states.