Your money is safe at MB

Your money is safe at MB

MB is a member of FDIC, which means money in your MB deposit accounts, including checking and savings accounts, money market deposit accounts and certificates of deposit, are protected up to the maximum allowed by law.

Temporary FDIC insurance coverage for transaction accounts

The FDIC has created a new, temporary deposit insurance category that provides unlimited deposit insurance coverage for non-interest bearing checking accounts through December 31, 2012. For more information, please download the FDIC's, Notice of Changes in Temporary FDIC Insurance Coverage for Transaction Accounts (PDF).

Coverage limits

The government has also raised standard FDIC deposit insurance coverage limits from $100,000 to $250,000 per depositor for each account ownership category. (Note: A depositor may qualify for more than the standard insurance coverage. Speak to your banker for details).

Resources

Here are a few resources to help you better understand FDIC insurance coverage and how it affects your deposits:

• EDIE the Estimator can calculate your FDIC insurance coverage for each FDIC-insured bank where you have deposits.
• FDIC Insurance FAQs

For more information, please contact us.