Banking with a sound institution like ours is your best defense against uncertain times. Another layer of protection is our bank's membership with the Federal Deposit Insurance Corporation, FDIC. This independent agency of the U.S. government provides insurance protection for depositors if an FDIC-insured bank or savings association fails. By banking with us, your deposits are automatically covered by the FDIC.

Visit fdic.gov/edie to calculate your FDIC insurance coverage or read more to get your questions answered.

All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.

The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts (IOLTAs and COLTAFs). It does not include other accounts such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit fdic.gov.

What does FDIC insurance cover?
All types of deposits are covered, including the following:

  • Checking accounts
  • Savings accounts
  • Money market deposit accounts
  • Certificates of Deposit (CDs)
What is not insured by the FDIC?
FDIC deposit insurance does not cover non-deposit investment products, including the following:
  • Stocks
  • Bonds
  • Mutual funds
  • Life insurance policies
  • Annuities or municipal securities, even those purchased from an insured bank or savings association
How much coverage do my accounts have?
  • Basic FDIC coverage. Basic FDIC coverage is $250,000 per depositor.
  • Unlimited deposit insurance coverage. All non-interest-bearing transaction accounts are fully guaranteed for the entire amount of the account through December 31, 2012.
  • Sweep accounts. Sweep accounts are subject to special provisions. See table below:
    Originating Account Type Account Type Swept Into FDIC Coverage
    Non-interest-bearing transaction Non-interest-bearing transaction Unlimited*
    Non-interest-bearing transaction Interest-bearing $250,000 per owner
    Non-interest-bearing transaction Repo Sweep Not insured. Collateralized by security
    Non-interest-bearing transaction Eurodollar Sweep Not insured
    Non-interest-bearing transaction Money Market Mutual Fund Not insured
    Interest-bearing Non-interest-bearing transaction Unlimited*
    *Coverage expires December 31, 2012

    How else can I maximize my coverage?
    Simple changes to your account structure can help maximize your FDIC coverage. An individual can be insured in six different categories: individual, joint, revocable trust, irrevocable trust, certain retirement account and employee benefit plan. For example, in a revocable trust, we can title your account with additional owners, beneficiaries or both to add even more coverage. Ask your banker for details.

    Even more coverage: Up to $50 million of FDIC protection
    You can access millions of dollars in FDIC insurance through Certificate of Deposit Account Registry Service (CDARS*)®. We'll automatically break your large deposit into smaller amounts and open separate CDs with member banks. Those smaller CDs will be in FDIC-eligible amounts, so your total investment is insured.

    It's easy: We'll do all the work. You'll work exclusively with us, the bank you know and trust. You'll receive one combined statement listing your deposits as if they were all held in one place. Contact our Deposit Services experts or your banker to learn more.

    *The Certificate of Deposit Account Registry Service (CDARS) is a registered service mark of Promontory Interfinancial Network, LLC

    Can I increase coverage for my joint accounts by using a different co-owner's Social Security number on each account or changing the way the owners' names are listed on the accounts?
    Using different Social Security numbers, rearranging the order of names listed on accounts or substituting "and" for "or" in joint account titles does not affect the amount of insurance coverage available to co-owners of joint accounts. http://www.fdic.gov/deposit/deposits/insured/faq.html

    Are my business accounts fully insured by the FDIC?
    All non-interest-bearing deposit transaction accounts – regardless of their balance – are fully insured by the FDIC through December 31, 2012. This includes both business and consumer accounts. Earnings credits on commercial accounts are not considered interest bearing so those accounts would be included.

    Still have questions?

    • Visit fdic.gov or call 1.877.ASK.FDIC (877.275.3342)
    • Calculate your coverage and learn more about coverage for specific types of accounts at fdic.gov/edie
    • Contact us directly at 800.574.4714 with your questions or visit a bank location near you.
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    Denver, CO 80202
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