Understanding Your Deposit Insurance Coverage

Bank of Walker County - Financial CalculatorBank of Walker County is an FDIC-insured institution and for you our valued customer, this means that your qualifying deposits are insured by the federal government.   In the event of unforeseen issues with the bank, be it acts of God or business failure, your deposits of up to $250,000 are insured against these circumstances by the FDIC, guaranteed.

As is the case with any insurance coverage, there are limits and requirements that must be met.  FDIC has developed a tool called EDIE (Electronic Deposit Insurance Estimator) that you can use to help determine your deposit insurance coverage. Once you enter the required information, you will know exactly what coverage you have and knowing will give you great peace of mind.

Using EDIE is easy and takes only a few minutes. Just click the link below to get started.  Have your account numbers and balances handy. Also if you have joint accounts or trust accounts with beneficiaries, you will need those names as well.  Additionally, to check business accounts, the business name and Employer Identification Number (EIN) will be required.

EDIE Calculator: https://www.fdic.gov/edie/calculator.html

More info on EDIE: https://www.fdic.gov/edie/index.html

If you have additional questions, please give us a call at 205-295-0033

Notice:

By using the application above, you are accessing a resource that includes data not hosted on our web site. This service has been provided for your education and convenience only. It does not imply that the Bank of Walker County endorses or sponsors the company or organization. We also cannot guarantee the accuracy of the information offered or the privacy of any information you may disclose while on the linked site. The products and services offered on 3rd party sites, including investment and insurance products, are not products of the Bank of Walker County and may not be insured by the FDIC.


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