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FDIC insurance protects your money - checking, savings, money market, and CDs - up to $250,000 per depositor, per bank, per ownership category. Harvest Bank is an FDIC member, which means your deposits here are backed by the U.S. government. If something ever went wrong with the bank (which would be very unusual), your insured funds would be protected.

What Does It Cover?

FDIC insurance covers standard deposit accounts:

• Checking accounts
• Savings accounts
• Money market deposit accounts
• Certificates of deposit (CDs)

It does not cover investment products like mutual funds, stocks, or annuities, even if you bought them through a bank.

What's the Limit?

The standard limit is $250,000 per depositor, per insured bank, per ownership category. What that means practically is that a married couple, for example, could have up to $500,000 protected at a single bank by holding accounts in each of their names individually.

Common ownership categories include:

• Single accounts (one owner)
• Joint accounts (two or more owners - each gets $250,000 in coverage)
• Retirement accounts like IRAs (covered separately, up to $250,000)
• Certain trust accounts

Can I Have More Than $250,000 Protected?

Often, yes - by holding accounts in different ownership categories. If you have a larger balance and want to understand how it's covered, just come in and talk to us. It's a conversation worth having.

What Has the FDIC's Track Record Been?

Since the FDIC was created in 1933, no depositor has ever lost a single penny of insured funds. That's nearly a century of protection. It's one of the most reliable safety nets in American financial history.

Is Harvest Bank FDIC Insured?

Yes. You'll see the FDIC logo in our branches and on our website. You can also verify any bank's membership using the FDIC's BankFind tool.

The bottom line: banking with a local community bank like Harvest Bank gives you the same federal deposit protection you'd get at any large national bank. You don't have to choose between personal service and security - you get both.

See also: FDIC Insurance Disclosure |FDIC’s Electronic Deposit Insurance Estimator (EDIE) |  Personal Savings Options