How To Know If Your Deposits Are FDIC-Insured.

You may have questions about your money and how it is insured by the FDIC (Federal Deposit Insurance Corporation). We at Banc of California want to make sure that you have access to the tools and resources you need to understand how FDIC insurance works. Let’s start with some basic information:

  • Banc of California is a member of the FDIC.
  • The 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 has launched a tool at https://edie.fdic.gov that is designed to help consumers calculate their insurance coverage and learn about what the rules and limitations of deposit insurance mean for you.1


The FDIC Standard Maximum Deposit Insurance Amount for deposits is $250,000 per depositor, per insured financial institution, for each account ownership category.


All types of deposits held at Banc of California are covered by FDIC insurance including the following examples:

  • Checking Accounts
  • Savings Accounts
  • Time Accounts (CDs)
  • Deposit products (such as CDs and Savings Accounts) held in IRAs and other retirement accounts
  • Outstanding Cashier’s Checks, Money Orders, Loan Disbursement Checks, Interest Checks and Drafts issued by Banc of California


The FDIC provides separate insurance coverage for deposit accounts held in different categories of ownership. It is possible to qualify for more than the current $250,000 in coverage at one insured bank if you own deposit accounts in different ownership categories. Examples of different ownership categories include: (1) single, (2) joint, (3) revocable trust (informal revocable trusts such as Payable-on-death accounts and formal revocable trusts such as living/family trusts created for estate planning purposes), (4) irrevocable trusts, (5) certain retirement plans, (6) employee benefit plans, (7) business (corporation, partnership, unincorporated associations), and (8) government.


There are a range of products and investment accounts that do not qualify as deposits and are therefore not covered by FDIC insurance. Examples of non-deposit products that are not covered by FDIC deposit insurance include:

  • Investments in mutual funds
  • U.S. Treasury bills, notes, and bonds purchased through an insured institution
  • Annuities
  • Stocks, bonds, or other securities
  • Insurance products
  • Contents of a Safe Deposit Box



You can call FDIC toll-free at 1-877-ASK-FDIC (877-275-3342), Monday – Friday 8:00 a.m.—8:00 p.m. Eastern Time, or contact them online at www.fdic.gov.


You can also call Client Services directly at 877-770-2262, Monday – Friday 8:00 a.m.—5:30 p.m. Pacific Time, Saturday 9:00 a.m.—1:00 p.m. Pacific Time, contact your relationship manager, or visit one of our many convenient banking locations.

1. The information and content provided on this non-Banc of California website is for informational purposes only. Such information is provided as a convenience to you, and Banc of California makes no warranties or representations as to its accuracy and bears no liability for your use of this information. Banc of California does not endorse and is not responsible for the content, links, privacy policy, or security policy of this non-Banc of California website link. The information made available to you is not intended, and should not be construed as legal, tax, or investment advice, or a legal opinion. You should contact your legal, tax and/or financial advisors to help answer questions about your specific situation or needs prior to taking any action based upon this information.

Deposit products offered by Banc of California Member FDIC.