Understanding FDIC Insurance

The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the U.S. government that protects depositors at FDIC-member banks—like Mutual Federal.

FDIC insurance covers up to $250,000* per depositor, per account ownership category in the event of a bank failure. This means your money is protected in eligible deposit accounts such as:

• Checking accounts
• Savings accounts
• Money market deposit accounts
• Certificates of deposit (CDs)

However, FDIC insurance does not cover investment products like stocks, bonds, mutual funds, annuities, or life insurance—even if they were purchased through an FDIC-insured bank.

When you bank with us, your deposits are safe, secure, and federally protected—simple, automatic coverage for your peace of mind.

*Additional coverage beyond FDIC limits is available. Speak with a bank representative to explore your options and find the solution that best fits your needs.