 TITLE: What Is FDIC Insurance? CONTENT: FDIC Deposit Insurance Coverage Limits\n--------------------------------------\nFDIC insurance provides coverage of up to $250,000 per depositor, per insured bank account. The coverage amount is determined by the FDIC ownership category, which is the way deposits are held at your financial institution. Ownership categories include:\n*   **Single account**: A checking, savings or money market account without a named beneficiary. These accounts have an FDIC deposit insurance coverage limit of $250,000 per owner.\n*   **Joint account**: An account owned by two or more depositors that does not have named beneficiaries. FDIC insurance coverage is available for up to $250,000 per co-owner.\n*   **Select retirement accounts**: This includes individual retirement accounts (IRAs), 401(k)s, profit-sharing plans, self-directed Keogh plan accounts and Section 457 deferred compensation plan accounts. Qualifying retirement account deposits are covered up to $250,000 per owner.\n*   **Revocable trust account**: A formal living trust or informal \"in trust for\" (ITF)\/payable on death (POD) account with one or more beneficiaries. FDIC insurance coverage of up to $250,000 is available per owner, per unique beneficiary.\n*   **Irrevocable trust account**: Funds that are tied to an irrevocable trust from a written agreement or statute. The noncontingent interest of each unique beneficiary qualifies for FDIC deposit insurance coverage of up to $250,000.\n*   **Employee benefit plan account**: A deposit from a non-self-directed pension, defined benefit or other employee plan. The FDIC provides insurance of up to $250,000 for the noncontingent interest of each plan participant.\n*   **Government accounts**: Deposit accounts owned by federal agencies, states, counties, municipalities, the District of Columbia, Puerto Rico and Indian tribes. FDIC deposit insurance coverage for these accounts is limited to $250,000 per official custodian.\n*   **Partnership, corporation or unincorporated association accounts**: FDIC insurance covers up to $250,000 in deposits per partnership, corporation or unincorporated association.\nThe FDIC does not cover investments, such as stocks, bonds, Treasury bills or mutual funds, even if they are purchased through or held with an FDIC-insured financial institution. END