Backed by the U.S. Government
FDIC Insurance, Explained
Money you keep with BestCitizenBank is protected by the full faith and credit of the U.S. Government, up to $250,000 for each depositor.
A $250,000 standard limit
For each depositor, in each account category
Covered automatically
There is nothing to apply for
A U.S. Government agency
Protecting savers since 1933
IntraFi® options
Protection up to $150M
What FDIC Insurance Covers
FDIC insurance covers everyday bank savings products dollar for dollar, up to the federal limit.
What's Covered
Protected up to $250,000 for each depositor
- Everyday accounts and personal checking
- Savings accounts
- Money market savings (MMDAs)
- Certificates of deposit (CDs)
- Individual retirement accounts (IRAs)
- Cashier's checks and official bank checks
What FDIC Doesn't Cover
Investments aren't backed by FDIC
- Stocks and bonds
- Mutual funds and index funds
- Annuities and life insurance policies
- Municipal bonds
- What's inside a safe deposit box
- Cryptocurrency
Common Questions About FDIC Coverage
Straight answers on coverage limits and account categories.
No. Coverage is automatic as soon as you open an account at an FDIC-insured bank such as BestCitizenBank.
Yes. You can stretch your protection further by holding money in different ownership categories, such as joint or trust accounts, or by joining our IntraFi® Network Deposits program to protect up to $150 Million.
Bank With Peace of Mind
Sign in to see your balances, or open a new FDIC-insured checking or savings account.