FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Understanding Your Account Insurance Coverage
At PremierBank, your peace of mind matters. Since PremierBank is an FDIC insured institution, it means that your qualifying deposits are insured by the federal government. FDIC deposit insurance protects customers in the event that an FDIC-insured depository institution fails. Bank customers don’t need to purchase deposit insurance; it is automatic for any deposit account opened at an FDIC-insured bank. Deposits are insured up to at least $250,000 per depositor, per FDIC-insured bank, per ownership category.
To help you easily understand your insurance coverage, we offer a user-friendly FDIC tool called EDIE – The Estimator. In just a few minutes, EDIE will show you whether all your deposits are fully insured or if any accounts exceed the coverage limits.
Using EDIE is simple. Click the button below to get started. To save time, have details ready for your deposit accounts, including account balances. If you have joint or trust accounts, gather the names of joint owners or beneficiaries. For business accounts, you’ll need the business name and Employer Identification Number (EIN).
EDIE (Electronic Deposit Insurance Estimator)
Rest assured, your privacy is a priority. EDIE does not access, store, or transmit any personal or account information over the Internet, and PremierBank ensures your data remains secure.