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FDIC Insurance Coverage

Planters Bank provides Federal Deposit Insurance Corporation (FDIC) coverage to Personal and Business customers with deposits at the bank. Qualifying deposits include the following:

  • Checking Accounts
  • Savings Accounts
  • Money Market Deposit Accounts (MMDAs)
  • Time deposits such as Certificates of Deposit (CDs)
  • Cashier’s checks and other official items issued by a bank

The FDIC does not cover every type of account and/or deposit for individuals and businesses, including: investments in stocks, bonds, and mutual funds; safe deposit boxes; life insurance products; treasury bills or bonds; and losses that result from theft.

Additional FDIC Deposit Coverage Information

FDIC Deposit Insurance at a Glance FDIC Estimator Tool (EDIE)

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