Why Old National |
Member FDICWhat does that mean for you?Old National Bank is a member of the FDIC and has a strong capital position well above FDIC guidelines for “well-capitalized” institutions. What does that mean for you?
What is the FDIC?An independent agency of the federal government, the Federal Deposit Insurance Corporation (FDIC) insures deposits in banks and thrift institutions and regulates financial institutions for safety and soundness. Since the FDIC was established in 1933, no depositor has ever lost a penny of insured deposits. Learn more about the FDIC. How much FDIC insurance coverage applies to my account?In July 2010, FDIC insurance coverage was permanently raised to $250,000 per individual per insured bank. FDIC-insured deposits include checking, savings, money market deposit accounts, IRAs and CDs. Read a message from our CEO Bob Jones about Old National and the banking industry. Make the smart choice for your money and learn more about our FDIC-insured deposit products. |
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