The Federal Deposit Insurance Corporation is an independent federal agency that insures deposits at member banks. It was created in 1933 amidst the turmoil of the Great Depression to restore trust in the American banking system, a mission that persists to this day. Sandy Spring Bank has been a member of the FDIC since 1934.
Commonly Asked FDIC Insurance Questions
More Information
- Read more about FDIC insurance online at:
www.fdic.gov/deposit
- View frequently asked questions on deposit insurance coverage at:
www.fdic.gov/deposit/deposits
- Use the FDIC EDIE Calculator
*These deposit insurance coverage limits refer to the total of all deposits that an accountholder (or accountholders) has at each FDIC-insured bank. The listing above shows only the most common ownership categories that apply to individual and family deposits, and assumes that all FDIC requirements are met.