- EDIE (FDIC Insurance) EDIE is a good financial tool that lets consumers and bankers know, on a per-bank basis, how the insurance rules and limits apply to a depositor's specific group of deposit accounts—what's insured and what portion (if any) exceeds coverage limits at that bank.
- Oct 05, 2020 Additionally, you can use the FDIC Electronic Deposit Insurance Estimator (EDIE). The EDIE lets you input your specific deposits and shows amounts that are FDIC-insured. To receive FDIC insurance, you simply need to deposit funds with an FDIC-insured bank and one of the account types mentioned above.
- The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by the Congress to maintain stability and public confidence in the nation’s financial system. Learn about the FDIC’s mission, leadership, history, career opportunities, and more.
- Fdic's edie Estimate your insurance coverage on personal bank accounts. EDIE lets consumers and bankers know, on a per-bank basis, how the insurance rules and limits apply to a depositor's specific group of deposit accounts.
Fdic – edie the estimator Understanding the deposit insurance coverage you have on your accounts. Since Chino Commercial Bank, N.A. Is an FDIC-insured institution, it means that your qualifying deposits are insured by the federal government.
Now that ENB has temporarily reduced branch access is my money still insured?
Yes! Regardless of the bank’s operating conditions, your money is insured by the FDIC and will continue to be protected up to at least $250,000. Additional information regarding deposit insurance can be found here.
Will there be enough cash available during the pandemic?
The Federal Reserve System has and will continue to meet the currency needs of banking customers. Be assured that sufficient resources are available to handle customer needs. Keep in mind, the safest place for your money is inside a bank. ENB will continue to ensure that our customers have access to funds either directly or electronically.
Is there anyone I can speak with if I have detailed questions about my FDIC deposit insurance coverage?
Yes. Please contact us at (877) 773-6605 or email us at enb@epnb.com and we’ll be happy to answer your questions. The FDIC also has a team of subject matter experts available to answer your questions. They can be reached at 1-877-ASK-FDIC (1-877-275-3342) and are available between 8:30AM- 5:00PM Monday-Friday.
I have deposits at ENB that I think may exceed the FDIC’s deposit insurance limits. What should I do?
If you have concerns about exceeding the FDIC deposit insurance limits, please give us a call at (877) 773-6605. Another resource can be found at https://www.fdic.gov/deposit/, the FDIC has a number of deposit insurance resources to help you determine your deposit insurance coverage. A key tool for determining deposit insurance coverage is the Electronic Deposit Insurance Estimator (EDIE), which is available at https://edie.fdic.gov/. In addition, the FDIC website has a wide range of other links that can help you determine your deposit insurance coverage.
Who can I contact for information about banking services?
Feel free to call us at (877) 773-6605 with additional questions.
The more you know, the safer your money
The Federal Deposit Insurance Corporation (FDIC) is an independent government agency created by the U.S. Congress to maintain stability and public confidence in the nation’s financial system by insuring deposits, examining and supervising financial institutions for safety and soundness and consumer protection, and managing receiverships.
What is the FDIC?
- The Federal Deposit Insurance Corporation (FDIC) was created in 1933 to provide insurance protection for depositors of failed banks and to help maintain sound conditions in the nation's banking system.
- The FDIC is an independent agency of the U.S. Government. Since its inception, the FDIC has responded to thousands of bank failures. All insured deposits of failed banks and thrifts have been protected by the FDIC.
- The FDIC provides an online tool at https://edie.fdic.gov/ to help consumers learn about what the benefits and limitations of deposit insurance mean for you and to estimate your FDIC insurance coverage.
- Tri Counties Bank is a member of the Federal Deposit Insurance Corporation (FDIC).
Fdic Edie Estimator
Are deposits at Tri Counties Bank insured by the FDIC?
Yes. The FDIC fully insures your deposit up to $250,000.
Fdic Edie Calculator
What does FDIC deposit insurance cover?
FDIC insurance covers all types of deposits received at Tri Counties Bank including; checking, savings, money market, and time deposits such as certificates of deposit (CDs). FDIC deposit insurance covers the balance of each depositor’s account, dollar-for-dollar, up to the insurance limit, including principal and any accrued interest.
What is the FDIC insurance limit?
The FDIC Standard Maximum Deposit Insurance (SMDIA) per depositor, has been permanently increased to $250,000 per depositor per insured financial institution. But did you know that accounts maintained in different forms of ownership may each be separately insured up to $250,000? That makes it possible to have deposits of more than $250,000 at one insured bank and still be fully insured.
What is not covered by the FDIC?
A: The FDIC does not insure investments in stocks, bonds, mutual funds, life insurance policies, annuities, including business sweep accounts or municipal securities, even if you bought these products from an insured bank. The FDIC does not insure U.S. Treasury bills, bonds, or notes. These are backed by the U.S. government.
The FDIC Electronic Deposit Insurance Estimator (EDIE)
EDIE lets consumers and bankers know, on a per-bank basis, how the insurance rules and limits apply to a depositor’s specific group of deposit accounts – what’s insured and what portion (if any) exceeds coverage limits at that bank. EDIE also allows the user to print the report for their records.
EDIE can be used to calculate the insurance coverage of all types of deposit accounts offered by an FDIC-insured bank, including:
- Checking accounts
- Savings accounts
- Money Market accounts
- Certificates of deposit (CDs)