Deposit Insurance Coverage. The Federal Deposit Insurance Corporation (“FDIC”) insures deposits according to the ownership category (i.e., individual or joint) in which the funds are insured. Deposits are insured by the FDIC up to the standard maximum deposit insurance amount per depositor, per FDIC-insured bank, and per ownership category. For purposes of determining how much insurance is applicable to your Accounts, you need to consider accounts other than Online Savings Accounts or TD Accounts that you also hold at the Bank. To determine how much insurance is applicable to your Accounts with us and for any other FDIC insurance requirements that may apply, please visit the FDIC’s website at xxx.xxxx.xxx/xxxxxxx/xxxxxxxx or call the FDIC directly at 1-877-ASKFDIC (0-000-000-0000). You can also use the FDIC’s Electronic Deposit Insurance Estimator (XXXX) at xxx.xxxx.xxx/xxxx.
Deposit Insurance Coverage. (a) You may obtain information about FDIC deposit insurance coverage by visiting the FDIC website at xxx.xxxx.xxx or by contacting the FDIC by letter, email, or telephone. All your deposits at a Destination Institution in the same insurable capacity (whether you are acting directly or through an intermediary) will be aggregated for purposes of the SMDIA. You should add to your List of Exclusions any FDIC-insured depository institution at which you have other deposits in the same insurable capacity. Insurable capacities include, among others, individual accounts and joint accounts.
Deposit Insurance Coverage. In general, and except as explained in Section 4(b) above, all accounts and deposits that you maintain with an Insured Institution in the same insurable capacity (whether you are acting directly or through an intermediary) would be aggregated for purposes of the SMDIA. Insurable capacities include individual accounts, joint accounts and individual retirement accounts. A tax identification number is not evidence of, and does not establish, an insurable capacity that is separate from another tax identification number used by the same person or entity. Upon request, we will provide you with a copy of the FDIC brochure “Your Insured Deposits – FDIC’s Guide to Deposit Insurance Coverage.” You may also obtain information about deposit insurance coverage by contacting the FDIC, Office of Consumer Affairs, by letter (550 17th Street, N.W., Washington, D.C. 20429), by telephone (000-000-0000, 000-000-0000 (TDD) or 202-942-3100), or by e-
Deposit Insurance Coverage. The Federal Deposit Insurance Corporation (“FDIC”) insures deposits according to the ownership category (i.e., individual or joint) in which the funds are insured. Deposits are insured by the FDIC up to the standard maximum deposit insurance amount per depositor, per FDIC-insured bank, and per ownership category. For purposes of determining how much insurance is applicable to your Accounts, you need to consider accounts other than Online Savings Accounts or TD Accounts that you also hold at the Bank. To determine how much insurance is applicable to your Accounts with us and for any other FDIC insurance requirements that may apply, please visit the FDIC’s website at xxx.xxxx.xxx/xxxxxxx/xxxxxxxx or call the FDIC directly at 1-877-ASKFDIC (0-000-000-0000). You can also use the FDIC’s Electronic Deposit Insurance Estimator (XXXX) at xxx.xxxx.xxx/xxxx. The FDIC only insures deposits held in insured banks and savings associations (collectively, “insured banks”) and only in the unlikely event of an insured bank’s failure. The FDIC does not insure assets issued by non-bank entities, such as crypto companies. The FDIC only pays deposit insurance after an insured bank fails. Coverage is only available for the deposits that are held in the insured bank at the time of its failure
Deposit Insurance Coverage. (a) You may obtain information about FDIC deposit insurance coverage by visiting the FDIC website at xxx.xxxx.xxx or by contacting the FDIC by letter, email, or telephone. All your deposits at a Destination Institution in the same insurable capacity (whether you are acting directly or through an intermediary) will be aggregated for purposes of the SMDIA. You should add to your List of Exclusions any FDIC-insured depository institution at which you have other deposits in the same insurable capacity. Insurable capacities include individual accounts, joint accounts, and individual retirement accounts. Separate divisions within a corporate entity are not eligible for separate insurance coverage, and a separate taxpayer identification number (“TIN”) does not necessarily evidence or establish a separate insurable capacity. It is your obligation to determine whether funds we are placing for you through ICS are maintained in separate insurable capacities. We may use your TIN to identify you, and we place your funds on the understanding that you are not depositing funds for placement under more than one TIN in the same insurable capacity.
Deposit Insurance Coverage. (a) You may obtain information about FDIC deposit insurance coverage by visiting the FDIC website at xxxx://xxx.xxxx.xxx or by contacting the FDIC by letter, email, or telephone.
Deposit Insurance Coverage. In general, all accounts and deposits that you maintain with an Insured Institution in the same insurable capacity (whether you are acting directly or through an intermedi- ary) would be aggregated for purposes of the applicable FDIC insurance limit.
Deposit Insurance Coverage. The FDIC charges each insured bank a fee to cover its share of the cost of providing deposit insurance to depositors. The FDIC does not charge a bank’s depositors for deposit insurance or require banks to pass the cost of deposit insurance on to their depositors. The FDIC does, however, permit a bank to recoup the cost of deposit insurance from its depositors, so long as the fee the bank charges its depositors does not reveal information that could be used to determine the bank’s confidential supervisory ratings or mislead depositors by implying the FDIC is charging the fee. While we do not currently assess a recoupment fee, we reserve the right to assess such a fee to partially recover insurance premiums it pays to the FDIC for deposit insurance. FOREIGN CURRENCY ITEMS We may refuse to accept for deposit or collection items or wire transfers payable in a currency other than United States dollars or drawn on a financial institution not chartered in the United States. If we accept such an item or transfer, you accept all the risk associated with currency value fluctuation (exchange rate risk) and any delayed or late return of such item. In addition, a fee may be charged for this service. Items drawn on banks outside the United States may not be paid as quickly as similar items drawn on banks located in the United States and may be returned unpaid at a later time than similar items drawn on banks located in the United States. You assume the risk of a delayed or late return even if we make the funds available to you. You agree that we may use our current buying or selling rates respectively when processing a foreign currency item or wire transfer and may recover from your Account any Loss or fee incurred by us when processing such an item or transfer for you. FORCE MAJEURE Neither Company nor Bank shall be deemed to be in default of any of its obligations under this Agreement if its performance is delayed, hindered or becomes impossible because of any act of God or of any public enemy, hostilities, war (declared or undeclared), guerilla or terrorist activities, act of sabotage, blockade, earthquake, flood, landslide, avalanche, tremor, ground movement, hurricane, storm, explosion, fire, labor disturbance, riot, insurrection, strike, sickness, accident, civil commotion, epidemic, pandemic, act of government or its agencies or officers, power interruption or transmission failure or any cause beyond the control of either party (each, a “Force Majeure Event”).
Deposit Insurance Coverage. The Federal Deposit Insurance Corporation (“FDIC”) insures deposits up to the standard maximum deposit insurance amount per depositor, per FDIC-insured bank, and per ownership category. In determining how much insurance is applicable to your account, you need to consider accounts other than Online Savings Accounts. For more information, visit the FDIC’s website at xxx.xxxx.xxx/xxxxxxx/xxxxxxxx or call the FDIC directly at 1-877-ASKFDIC (1-877-275- 3342). You can also refer to the FDIC’s Electronic Deposit Insurance Estimator (XXXX) at xxx.xxxx.xxx/xxxx.
