FDIC
Information
Optimizing your FDIC insurance coverage at First Republic Bank
What does FDIC insurance cover?
I have more than $250,000 in my deposit accounts at First Republic Bank. How can I ensure those funds are insured up to the applicable limits per account ownership category?
Where can I go for more information on FDIC insurance?
What does FDIC insurance cover?
I have more than $250,000 in my deposit accounts at First Republic Bank. How can I ensure those funds are insured up to the applicable limits per account ownership category?
Where can I go for more information on FDIC insurance?
First Republic Bank is a member of the Federal Deposit Insurance Corporation (FDIC), an independent agency of the U.S. government that protects bank depositors against the loss of their insured deposits.
The standard FDIC insurance amount is $250,000 per depositor, per insured bank, for each account ownership category.
First Republic Bank clients can qualify for FDIC insurance coverage over $250,000 (up to FDIC-applicable limits) for their deposit accounts if they combine different account ownership categories to optimize coverage.
Please note that investment products (stocks, bonds, mutual funds, annuities, life insurance policies, etc.) are not covered by the FDIC. These products are not FDIC insured, not Bank guaranteed and may lose value.
The following are potential examples to optimize your coverage:


2 Client A with Client B as the beneficiary.
3 Client B with Client A as the beneficiary.
4 Client A and Client B with children as the beneficiaries: $250,000 for each child from each parent.
*Payable-on-death (“POD”) or in-trust-for (“ITF”) - on informal revocable trust accounts, one or more named beneficiaries may be assigned to the account. The permissible beneficiaries include a natural person and a valid charity or non profit under the IRS rules.
For more information or to discuss options for optimizing your FDIC insurance coverage, please contact your banker.
You may also visit EDIE, the FDIC’s Electronic Deposit Insurance Estimator, to calculate your current coverage. For general deposit insurance questions, please visit the FDIC’s website or call (877) ASK-FDIC (877-275-3342).
Optimizing Your FDIC Insurance Coverage at First Republic Bank
First Republic Bank is a member of the Federal Deposit Insurance Corporation (FDIC), an independent agency of the U.S. government that protects bank depositors against the loss of their insured deposits.
The standard FDIC insurance amount is $250,000 per depositor, per insured bank, for each account ownership category.
First Republic Bank clients can qualify for FDIC insurance coverage over $250,000 (up to FDIC-applicable limits) for their deposit accounts if they combine different account ownership categories to optimize coverage.
What does FDIC insurance cover?
FDIC insurance covers traditional deposit accounts (checking, savings, money market deposit accounts and certificates of deposit [CDs]). Coverage is automatic for First Republic Bank deposit clients.Please note that investment products (stocks, bonds, mutual funds, annuities, life insurance policies, etc.) are not covered by the FDIC. These products are not FDIC insured, not Bank guaranteed and may lose value.
I have more than $250,000 in my deposit accounts at First Republic Bank. How can I ensure those funds are insured up to the applicable limits per account ownership category?
If your First Republic Bank deposit account balances exceed the standard insurance amount ($250,000 per depositor, per insured bank, for each ownership category), consider a combination of different account ownership categories. The most common account ownership categories are single accounts, joint accounts and revocable trusts.The following are potential examples to optimize your coverage:


2 Client A with Client B as the beneficiary.
3 Client B with Client A as the beneficiary.
4 Client A and Client B with children as the beneficiaries: $250,000 for each child from each parent.
**Payable-on-death (“POD”) or in-trust-for (“ITF”) - on informal revocable trust accounts, one or more named beneficiaries may be assigned to the account. The permissible beneficiaries include a natural person and a valid charity or non profit under the IRS rules.
Where can I go for more information on FDIC insurance?
For more information or to discuss options for optimizing your FDIC insurance coverage, please contact your banker.
You may also visit EDIE, the FDIC’s Electronic Deposit Insurance Estimator, to calculate your current coverage. For general deposit insurance questions, please visit the FDIC’s website or call (877) ASK-FDIC (877-275-3342).
Optimizing Your FDIC Insurance Coverage at First Republic Bank
First Republic Bank is a member of the Federal Deposit Insurance Corporation (FDIC), an independent agency of the U.S. government that protects bank depositors against the loss of their insured deposits.
The standard FDIC insurance amount is $250,000 per depositor, per insured bank, for each account ownership category.
First Republic Bank clients can qualify for FDIC insurance coverage over $250,000 (up to FDIC-applicable limits) for their deposit accounts if they combine different account ownership categories to optimize coverage.
What does FDIC insurance cover?
FDIC insurance covers traditional deposit accounts (checking, savings, money market deposit accounts and certificates of deposit [CDs]). Coverage is automatic for First Republic Bank deposit clients.Please note that investment products (stocks, bonds, mutual funds, annuities, life insurance policies, etc.) are not covered by the FDIC. These products are not FDIC insured, not Bank guaranteed and may lose value.
I have more than $250,000 in my deposit accounts at First Republic Bank. How can I ensure those funds are insured up to the applicable limits per account ownership category?
If your First Republic Bank deposit account balances exceed the standard insurance amount ($250,000 per depositor, per insured bank, for each ownership category), consider a combination of different account ownership categories. The most common account ownership categories are single accounts, joint accounts and revocable trusts.The following are potential examples to optimize your coverage:


2 Client A with Client B as the beneficiary.
3 Client B with Client A as the beneficiary.
4 Client A and Client B with children as the beneficiaries: $250,000 for each child from each parent.
*Payable-on-death (“POD”) or in-trust-for (“ITF”) - on informal revocable trust accounts, one or more named beneficiaries may be assigned to the account. The permissible beneficiaries include a natural person and a valid charity or non profit under the IRS rules.
Where can I go for more information on FDIC insurance?
For more information or to discuss options for optimizing your FDIC insurance coverage, please contact your banker.
You may also visit EDIE, the FDIC’s Electronic Deposit Insurance Estimator, to calculate your current coverage. For general deposit insurance questions, please visit the FDIC’s website or call (877) ASK-FDIC (877-275-3342).
This FDIC information is based on the FDIC’s deposit insurance rules and regulations and is intended to assist in determining FDIC deposit insurance coverage for deposits held at First Republic Bank.
This FDIC information is not intended to provide legal, financial or estate planning advice, nor is it intended to provide guidance for the creation of revocable or irrevocable trust agreements. Specifically for trusts, there may be state specific regulatory or statutory provisions that could result in different FDIC insurance coverage. In addition, the modification of a trust agreement at some future date or the death of an owner or beneficiary may affect the calculation of coverage for a particular trust. Clients should consult their own tax, legal and financial advisors. For additional assistance from an FDIC deposit insurance subject matter expert, please visit fdic.gov/deposit or call the FDIC directly at (877) 275-3342.