FDIC Insurance

TexasBank is FDIC insured, backed by the full faith and credit of the U.S. Government. This means that each depositor is insured up to $250,000 per ownership category. Everyone should feel secure and informed about their financial protection. Below are two powerful tools provided through the FDIC:
 
BankFind: TexasBank's Certificate ID is 19559. Use this tool to confirm any financial institution's membership as well as important details about account coverage and history. 
 
EDIE: The Electronic Deposit Insurance Estimator (EDIE) calculates how much of your deposits are insured based on account type, ownership category, and balance. It's a fast, secure, and easy way to confirm your protection.
 

Want to Learn More?

Download your PDF about FDIC insurance below:
 
    English Version                            Spanish Version
 
Keep reading to learn more about FDIC coverage and what that means for you.



























General Questions

The Federal Deposit Insurance Corporation (FDIC) is an independent U.S. government agency that insures your funds up to the legal limit in the event of a member institution's failure.
No, this insurance is granted automatically through an FDIC member institution. 
No, they are not. TexasBank is FDIC insured, but it is not a requirement for all institutions. Look for the FDIC logo on an institution's website or use the BankFind tool if you are unsure. 
The FDIC insures deposits into the following accounts:
 
  • Checking Accounts
  • Savings Accounts, such as Money Market Accounts
  • Certificate of Deposits (CDs) and other Time Accounts
  • Deposit products held in IRAs and other retirement accounts (CDs, etc.)
The FDIC insures up to $250,000 per depositor, per insured bank, for each account ownership category. 
The FDIC online estimate calculator can help you determine what limits and insurance rules have been applied to your specific group of deposit accounts per member institution. Use the EDIE tool for additional peace of mind. Additionally, you can talk to one of our TexasBank Personal Bankers. We would be happy to help.
The United States government backs FDIC insurance.
You can learn more about FDIC Insurance at https://www.fdic.gov/ or talk to your Personal Banker today.