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FDIC Deposit Insurance Rules

Articles
 Failed Institiutions, 2009
Bank Failures
Failed Institutions, 2008
Failed Institutions, 2009
Jan - Mar 2010
Apr - Jun 2010

First Community FCU, Parchment, MI(9/01/10)
Sonoma Valley Bank, Sonoma, CA(8/20/10)
Los Padres Bank, Solvang, CA(8/20/10)
Butte Community Bank, Chico, CA(8/20/10)
Pacific State Bank, Stockton, CA(8/20/10)
ShoreBank, Chicago, IL(8/20/10)
Imperial Savings & Loan Assn, Martinsville , VA(8/20/10)
Independent National Bank, Ocala, FL(8/20/10)
Community National Bank of Bartow, Bartow, FL(8/20/10)
Ravenswood Bank, Chicago, IL(8/06/10)
Certified Federal Credit Union (Certified), Commerce, CA(8/02/10)
Palos Bank and Trust Company, Palos Heights, IL(8/13/10)
Kappa Alpha Psi Federal CU, Addison, TX(8/03/10)
Family First Federal Credit Union, Orem, UT(7/30/10)
LibertyBank, Eugene, OR(7/30/10)
The Cowlitz Bank, Longview, WA(7/30/10)
Coastal Community Bank, Panama City, FL(7/30/10)
Bayside Savings Bank, Port Saint Joe, FL(7/30/10)
NorthWest Bank & Trust, Acworth, GA(7/30/10)
Norbel Credit Union, Ft. Collins, CO(7/29/10)
Home Valley Bank, Grants Pass, OR(7/23/10)
SouthwestUSA Bank, Las Vegas, NV(7/23/10)
Community Security Bank, New Prague, MN(7/23/10)
Thunder Bank, Sylvan Grove, KS(7/23/10)
Williamsburg First National Bank, Kingstree, SC(7/23/10)
Crescent Bank and Trust Company, Jasper, GA(7/23/10)
Sterling Bank, Lantana, FL(7/23/10)
Mainstreet Savings Bank, Hastings, MI (7/16/10)
Olde Cypress Community Bank, Clewiston, FL(7/16/10)
Turnberry Bank, Aventura, FL(7/16/10)
Metro Bank of Dade County, Miami, FL(7/16/10)
First National Bank of the South, Spartanburg, SC(7/16/10)
Woodlands Bank, Bluffton, SC(7/16/10)
Home National Bank, Blackwell, OK(7/09/10)
USA Bank, Port Chester, NY(7/09/10)
Ideal Federal Savings Bank, Baltimore, MD(7/09/10)
Bay National Bank, Lutherville, MD(7/09/10)

Unlimited FDIC Coverage for Checking Accounts
Increased FDIC Coverage is Great News for Depositors
FDIC Changes Insurance Rules for Payable on Death ("POD") Accounts
A New Tool to Check Deposit Insurance Status
Gauging Your Bank's Financial Health

Q&As
Bank Closed; Can't Pay Loan: What to do?
Keeping a Large Amount of Funds Insured
What if the FDIC Goes Broke?
Proceeds from Insured Funds
Paying Fees to Bank that Failed
What are Fannie Mae and Freddie Mac?
How Much to Keep in One Bank
Bank Folded; Where's my MMDA?
Bank Fails: What about my Checking Account?
One Owner Died - Should We Move Some Money?
Do I Need More Than One Estate Account?
Making sure bank set up accounts right
Per Beneficiary Insurance on Trust Accounts
Who Gets My Mortgage Payment?
Do I have to Start Over?

Banks Failing
What Happens to Safe Deposit Box if Bank Closes?
Bank is Taken Over, Where is my $21,000?
Bank Merger or Sale: What About my Loans?
Mortgage Provider Declares Bankruptcy: What Now?
Bank May Be Closed: Move Money Now?
If Bank Fails, Will Loan be Called?
Proceeds from Insured Funds
Smaller Banks and Bailout Funds
Crisis: Bailout? Please Explain
Status of Safe Deposit Box if Bank Fails
Is a Safe Deposit Box Safer than an Account if the Bank Fails?
Training Officers and Employees to Provide Correct Answers to Customers
Paying Loan if Bank Fails
What to do after WaMu failure
Preparing for Bank Failure
Bank Folded; Where's my MMDA?
Bank Fails: What about my Checking Account?
Banks Failing
Time to Empty Safe Deposit Box at Failed Bank
What Exactly is Bank Failure?

Checks
What to do with FDIC Check for Defunct Bank
Are Certified Checks Guaranteed?
What about Indy-Mac Cashier's Checks?

FDIC
FDIC and Large Amount of Deposit
Insured Deposit Maximums Now Permanent
Uninsured Deposits in 2008 Bank Closings
Bank Failure and FDIC Insurance
FDIC Limit for Custodial Accounts
About FDIC Coverage for an Account
About the New Terms of FDIC Insurance
Cashier's Checks: FDIC Insured?
Account Exceeds $200,000: Insured?
Where to Stash My Cash?
About an Insured Checking Account
FDIC Insurance and Accrued Interest
Proceeds from Insured Funds
50 Million Dollar Deposit: What About Insurance?
Balance as Compensation: Still Insured?
POD...Definition
FDIC Temporary Liquidity Guarantee Program
Investments and FDIC Insurance
Remembering Crash of '29; Grandmother Panics
About Increased FDIC and NCUA Insurance Coverage
Distributing Funds for FDIC Insurance
FDIC Insurance Amount per Location
FDIC Coverage for Two CDs
FDIC Insurance for Co-Owners
The Mathematics of Insurance
SMDIA and Deposit Insurance
Who funds the deposit insurance fund?
FDIC Coverage of Non-Profit's Accounts
Worried About Insurance Limit
Define FDIC Insurance, Please.
FDIC Insurance Limits
When Does FDIC Coverage Start?
Bank Gave me the Wrong Deposit Insurance Info

Investments
Two IRAs in One Bank - OK?
Money Backed by Fannie Mae
How Safe are CDARs Now?
Are Reverse Repurchase (repo) Agreements Safe?

Podcasts
Posted July 18, 2008
If a person deposits a check into a checking account, when does FDIC insurance coverage start? Immediately? When the proper check hold is removed? When the check clears?
I am in the middle of securing a home loan. What happens if the bank goes under before the final loan is secured? Do I need to start over with another lender?
If my bank fails, do I make my mortgage payment directly to the FDIC?
I am hearing a lot about the recent mortgage company and bank failures. What IS a bank failure?
What happens to our mortgage payment if the bank that holds our mortgage fails?
I have cash in my safe deposit box. If my bank fails, is the cash insured by the FDIC?
I've been through other bank failures, but it seems to me the IndyMac Bank failure is being handled differently. Is that the case?

Untitled

Featured Banking Agency Links
When bank failures are in the news, depositors naturally want to know about federal deposit insurance coverage. The Federal Deposit Insurance Corporation (FDIC) and the National Credit Union Administration (NCUA) have several very informative web pages that provide a wealth of information on deposit insurance coverage – what it is, how much is protected, how to make sure your bank or credit union deposits are covered. They also have information that can help you if your depository institution fails and is taken over by the FDIC or NCUA.

For official banking agency links relating to deposit insurance:

FDIC
FDIC Insurance: You've Got Questions, We've Got Answers
Know Your Limits: Why, When and How to Be Sure You're Fully Protected by FDIC Insurance
Making Sure Depositors Have Quick Access to Their Insured Funds After a Bank Closes
More Than Just Deposit Insurance: The Many Ways the FDIC Helps Consumers
What You Should Know About Higher FDIC Coverage for Retirement Accounts
Additional publications on the FDIC website geared toward consumers: Insuring Your Deposits
Insuring Your Deposits (Spanish)
FDIC Insurance Basics
FAQs About FDIC Insurance
Deposit Insurance Coverage Frequently Asked Questions
Insured or Not Insured?
Electronic Deposit Insurance Estimator (EDIE) (According to this customer's can calculate their deposit coverage)
Your Investments: Consumer Facts
Insured or Not Insured?
Bank Failures & Assistance
Failed Bank List
Unclaimed Funds
Obtaining a Lien Release (This is for contacting the FDIC to get a lien release from a failed Institution)
Frequently Asked Questions about Lien Releases
FDIC Customer Service Lien Release Request Inquiry
FDIC Insurance: Do You Know As Much As You Think You Know?
Misconceptions: A Top 10 List

NCUA
NCUA Frequently Asked Questions
Consumer Assistance Center
How Your Accounts Are Insured (PDF brochure)
Your Insured Funds (PDF Document)
What Is NCUSIF Share Insurance?
Frequently Asked Questions About The NCUSIF
NCUA Account Descriptions
NCUSIF Insurance of Special Accounts
Where does a credit union member go for information about a credit union or specific questions about NCUSIF share insurance?
Share Insurance
NCUA Share Insurance Estimator

FDIC Deposit Insurance Regulations
12 C.F.R. Part 330

Sec. - 330-1 Definitions.
Sec. - 330.2 Purpose.
Sec. - 330.3 General principles.
Sec. - 330.4 Continuation of separate deposit insurance after merger of insured depository institutions.
Sec. - 330.5 Recognition of deposit ownership and fiduciary relationships.
Sec. - 330.6 Single ownership accounts.
Sec. - 330.7 Accounts held by an agent, nominee, guardian, custodian or conservator.
Sec. - 330.8 Annuity contract accounts.
Sec. - 330.9 Joint ownership accounts.
Sec. - 330.10 Revocable trust accounts.
Sec. - 330.11 Accounts of a corporation, partnership or unincorporated association.
Sec. - 330.12 Accounts held by a depository institution as the trustee of an irrevocable trust.
Sec. - 330.13 Irrevocable trust accounts.
Sec. - 330.14 Retirement and other employee benefit plan accounts.
Sec. - 330.15 Accounts held by government depositors.










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