FDIC Insurance Information

FDIC (Federal Deposit Insurance Corporation) insurance covers funds in deposit accounts, including checking and savings accounts, money market deposit accounts and certificates of deposit (CDs).

Deposits at FDIC-insured institutions, including First Citizens, are insured up to at least $250,000 per depositor until December 31, 2013. On January 1, 2014, the standard insurance amount will return to $100,000 per depositor for all account categories except IRAs and certain other retirement accounts, which will remain at $250,000 per depositor.

First Citizens is participating in the FDIC's Transaction Account Guarantee Program.

Under that program, through June 30, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules. Interest bearing accounts such as NOW accounts continue to receive up to $250,000 standard FDIC coverage but are not included in the TAGP.

For more information on FDIC coverage and how it affects your accounts, please stop by your local First Citizens branch office. You may also visit the FDIC’s Web site at fdic.gov.