Are my deposits protected by the FDIC?

By | Citizens Staff

In times of uncertainty, it’s natural to be concerned about your financial well-being and the safety of your money. Citizens remains deeply committed to our customers, and we’re working hard to support you during this time. Our bank has never been stronger in terms of the capabilities and financial resources we offer. Part of our ongoing commitment is ensuring our customers’ deposits are always protected and insured up to the maximum allowable amount by law.

Citizens is an insured member of the Federal Deposit Insurance Corporation (FDIC), which means deposits in all types of bank accounts are insured, dollar-for-dollar, up to $250,000 per person. It’s a pretty impressive security blanket for our nation’s banking system, and we’re proud to be a part of it.

Want to know more? Here’s a breakdown of how the FDIC protects your deposit accounts:

We're ready to protect your savings

The bottom line is that in times of uncertainty, we have your back and there are strong measures in place to help protect you, your family, and your financial future. We’re here to help you and answer any questions you might have. Please don’t hesitate to contact us online or reach out to our Customer Service Team at 1-800-922-9999.

Do you have questions about how the coronavirus pandemic is impacting your banking services? We’re ready to help. Check out the COVID-19 Resource Center for regularly updated news to stay informed and find resources for the support you need.