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FDIC logo -- Federal Deposit Insurance Corporation

The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the federal government that regulates banks in the United States, and provides insurance to depositors.

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FDIC Insurance coverage has been increased through December 31, 2009 at 1st Source Bank*.

Checking Account Customers:

All non-interest bearing transaction accounts are fully guaranteed for the entire amount in the account. In addition, transaction accounts paying up to 0.50% interest are fully guaranteed.

Basic FDIC Deposit Insurance Coverage Limits:

Single Accounts (Owned by One Person) $250,000 per Person
Joint Accounts (Your Portion of Any Joint Accounts) $250,000 per Person
IRAs and certain other Retirement Accounts $250,000 per Person
POD & Revocable Trust Account $250,000 per Beneficiary
Corporations, Partnerships, and Unincorporated Associations $250,000 per Entity
Government Accounts    $250,000 per Official Custodian
Non-Interest Bearing Transaction Accounts Unlimited Coverage
Transaction Accounts paying up to 0.50% Interest Unlimited Coverage

*FDIC Insurance Increased beyond basic limits through the Emergency Economic Stabilization Act and 1st Source Bank’s participation in the FDIC Transaction Account Guarantee Program.

Calculate your FDIC insurance coverage for each FDIC-insured bank where you have deposit accounts.



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P.O. Box 1602, South Bend, IN 46634
(574) 235-2000
Member FDIC Equal Housing Lender