FDIC Information

Find the most frequently asked questions about FDIC insurance here.
The Federal Deposit Insurance Corporation is an independent agency of the U.S. government that protects the funds depositors place in banks and thrift institutions.

FDIC insurance is backed by the full faith and credit of the U.S. government. Since the FDIC was established in 1933, no depositor has ever lost a penny of FDIC-insured funds.

The FDIC’s basic insurance limit is $250,000 per depositor, per insured bank for each account ownership category.

For more information, read the FAQs below or contact your banker to help you maximize your FDIC insurance coverage. You may also visit EDIE, the Electronic Deposit Insurance Estimator, or FDIC for the most recent information.


  • What does the FDIC insure?
    The FDIC guarantees all traditional types of deposit accounts (checking, savings, money market deposit accounts and CDs) up to $250,000 per depositor and guarantees bank individual retirement accounts up to $250,000 per owner. Investment products (mutual funds, annuities, life insurance policies, stocks and bonds) are not FDIC-insured, may lose value and are not bank-guaranteed.
  • What is the basic insurance limit?
    The FDIC’s basic insurance limit is $250,000 per depositor. The insurance coverage limit applies per insured bank for each ownership category. Certain retirement accounts, such as individual retirement accounts, are also insured up to $250,000 per depositor per insured bank. If you have a combined amount of $250,000 or less in all of your deposit account categories at the same insured bank, you do not need to worry about your insurance coverage, as your deposits are fully insured.
  • I have accounts in multiple categories at a financial institution. The combined value of the accounts exceeds the basic insurance amount of $250,000. Are all of my funds insured?
    For customers with accounts in multiple ownership categories at a single financial institution, FDIC coverage is based on the titling of the accounts and the category of accounts, not the number of accounts. Categories of ownership include single or individual, joint, revocable and irrevocable trust, business, certain retirement accounts, and others. For example, a customer who owns a checking account and a CD titled in his or her own name as a single owner will receive a total of $250,000 of combined coverage for both accounts. But if that same customer also has a joint account (which is a separate category from individual accounts), he or she could receive an additional $250,000 deposit insurance for the funds held in the joint account.
  • Where can I get more information about FDIC insurance?
    We welcome the opportunity to speak to you about the safety provided by FDIC insurance. See your Preferred Banker for details, contact the FDIC toll-free at 1-877-ASK-FDIC (1-877-275-3342) or visit EDIE, the Electronic Deposit Insurance Estimator, for the most recent information.
  • How do I file a complaint with the FDIC?
    First Republic Bank is regulated by the Federal Deposit Insurance Corporation. If you have a concern or complaint about the bank, you can report it by going to www.fdic.gov and completing the Customer Assistance Online Form. You can also call the FDIC Call Center 1-877-ASK-FDIC (1-877-275-3342) 5:00 am - 5:00 pm PT Monday-Friday; 6:00 am - 2:00 pm PT Saturday-Sunday For the Hearing Impaired Toll Free 1-800-925-4618 / Local (VA) 703-562-2289.