How can I maximize my FDIC insurance?
A married couple may obtain up to $1,500,000 in FDIC insurance coverage at Metropolitan National Bank by establishing the following combination of ownerships:
| Single Accounts | |
| Husband | $250,000 |
| Wife | $250,000 |
| Joint Accounts | |
| Husband and Wife | $500,000 |
| Revocable Trust Accounts | |
| Husband in Trust for Wife | $250,000 |
| Wife in Trust for Husband | $250,000 |
| Total Insured by FDIC | $1,500,000 |
A married couple with a child may obtain $2,000,000 in FDIC insurance coverage at Metropolitan National Bank by establishing the following combination of ownerships:
| Single Accounts | |
| Husband | $250,000 |
| Wife | $250,000 |
| Joint Accounts | |
| Husband and Wife | $500,000 |
| Revocable Trust Accounts | |
| Husband in Trust for Wife | $250,000 |
| Husband in Trust for Child | $250,000 |
| Wife in Trust for Husband | $250,000 |
| Wife in Trust for Child | $250,000 |
| Total Insured by FDIC | $2,000,000 |
FOR ADDITIONAL INFORMATION
http://www.MYFDICInsurance.gov/ or http://www.fdic.gov/deposit/
or call the FDIC directly, toll-free at:
Monday - Friday 8am-8pm EST
1-877-ASK-FDIC
of course, you may contact any of our branches for assistance
