FDIC Deposit Insurance
FDIC deposit insurance has increased from $100,000
to $250,000 per depositor.
You can calculate your insurance coverage using the FDIC's Electronic Deposit Insurance Estimator at www.myFDICinsurance.gov. For questions about FDIC coverage, call toll-free 1-877-ASK-FDIC or ask a customer service representative at Fidelity today.
For more information on either program, please visit the FDIC's website.
Transaction Account Guarantee Program
Fidelity Deposit and Discount Bank is a participant in the FDIC’s Transaction Account Guarantee Program (TAG Program). Under this program, through December 31, 2010, all non- interest bearing transaction accounts, Interest on Lawyer’s Trust accounts (IOLTA) and interest bearing transaction accounts earning an interest rate of 0.25 percent or less, are fully guaranteed by the FDIC for the entire amount in the account. Funds swept or transferred into interest bearing accounts or investment products are not guaranteed under the TAG Program.
Please note: Coverage under the TAG Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.