FDIC

    1st National Bank of Scotia is a fully insured FDIC bank.

    The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the United States government. The FDIC protects depositors against the loss of their insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

    If a depositor's accounts at one FDIC-insured bank or savings association total $100,000 or less, the deposits are fully insured. A depositor can have more than $100,000 at one insured bank or savings association and still be fully insured provided the accounts meet certain requirements. In addition, federal law provides for insurance coverage of up to $250,000 for certain retirement accounts.

    How does this affect your accounts? The FDIC provides an interactive application called the Electronic Deposit Insurance Estimator (EDIE). This application allows you to calculate the insurance coverage of your accounts at each FDIC institution.

    Use the link below to get started with EDIE and learn more about FDIC.

    http://www.myfdicinsurance.gov*.

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  • * Please note: This link will open a new browser window. 1st National Bank of Scotia does not control nor have responsibility for their content, products, and services provided on these sites. 1st National Bank of Scotia also does not endorse or guarantee the products, information, or recommendations provided by these sites. 1st National Bank of Scotia is not liable for any failure of products or services advertised on these sites. These sites may have different privacy policies from 1st National Bank of Scotia or provide less security than 1st National Bank of Scotia.
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