Customer Info Center

Federal Deposit Insurance

Cape Bank is a member of the Federal Deposit Insurance Corporation (FDIC).

The FDIC is a federal agency that preserves and promotes public confidence in the U.S. financial system by insuring deposits in banks and thrift institutions for at least $250,000; by identifying, monitoring and addressing risks to the deposit insurance funds; and by limiting the effect on the economy and the financial system when a bank or thrift institution fails.

The standard insurance amount is $250,000 per depositor, per insured bank, for each account ownership category. The FDIC's Electronic Deposit Insurance Estimator can help you determine if you have adequate deposit insurance for your accounts.

FDIC Deposit Insurance Coverage Limits

The FDIC provides separate coverage for deposits held in different account ownership categories. Depositors may qualify for more coverage if they have funds in different ownership categories and all FDIC requirements are met.

Click here to see FDIC Deposit Insurance Coverage Limits by account ownership category.