Which institutions are insured by the fdic

All insured deposits of failed banks and thrifts have been protected by the FDIC. What is insured by the FDIC? What is not insured by the FDIC? Wells Fargo , and it's Bank and non-bank affiliates, also offers a range of products and investment accounts that do not qualify as deposits and are therefore not covered by FDIC insurance.

Examples of non-deposit products that are not covered by FDIC deposit insurance include: Investments in mutual funds U. Treasury bills, notes, and bonds purchased through an insured institution Annuities Stocks, bonds, or other securities Insurance products Contents of a Safe Deposit Box Where can I go if I still have questions? You can also call Wells Fargo directly at , 24 hours a day, or visit one of our many convenient banking locations.

Deposit products offered by Wells Fargo Bank, N. Similar to banks that elect to carry FDIC insurance, state-chartered credit unions aren't required to carry NCUA insurance, but most do for the sake of staying competitive. In addition, losses from investments aren't covered, as well as the contents of safe-deposit boxes.

To learn more about what the NCUA insures, visit ncua. Skip to main content Skip to footer. Search Locations Support. Everyday Banking. Business Banking. End of pop up window. Press escape to close or press tab to navigate to available options. FDIC insurance covers funds in deposit accounts, including checking and savings accounts, money market deposit accounts and Certificates of Deposit CDs. FDIC insurance does not, however, cover other financial products and services that insured banks may offer, such as stocks, bonds, mutual fund shares, life insurance policies, annuities or municipal securities.

There is no need for depositors to apply for FDIC insurance or even to request it. Coverage is automatic. To ensure funds are fully protected, depositors should understand their coverage limits. The FDIC provides separate coverage for deposits held in different account ownership categories.

The coverage limits shown in the chart below refer to the total of all deposits that an account holder has in the same ownership categories at each FDIC-insured bank. Single accounts owned by one person.