Understanding the Insurance Coverage You Have on Your Accounts
Since PremierBank is an FDIC insured institution, it means that your qualifying deposits are insured by the federal government. And when your money is FDIC insured, you can't lose a penny, no matter what. But as with any insurance, there are coverage limits and requirements that must be met.
Fdic's edie Estimate your insurance coverage on personal bank accounts. EDIE lets consumers and bankers know, on a per-bank basis, how the insurance rules and limits apply to a depositor's specific group of deposit accounts. The availability and extent of deposit insurance coverage is determined by the FDIC and cannot be altered by representations made by insured banks or others. Calculate insurance coverage using EDIE The Electronic Deposit Insurance Estimator – known as EDIE – is.
Fdic Edie Calculator 2019
To help you determine your insurance coverage, you can use an easy-to-use online FDIC tool called EDIE – The Estimator, which PremierBank is making available to you on our website.
A few minutes with EDIE can give you endless peace of mind. You'll know if the money you have in your PremierBank deposit accounts is fully protected or if any accounts exceed coverage limits.
Using EDIE is easy. Just click the button below to get started. To save time, have a list of your deposit accounts and the amount you have in each. If you have joint accounts or trust accounts that name beneficiaries, have those names too. To check business accounts, you will need the business name and Employer Identification Number (EIN).
Edie Fdic Coverage
EDIE (Electronic Deposit Insurance Estimator)
To ensure your privacy, PremierBank does not allow EDIE access to any personal or account information, nor will EDIE store any of the information you provide. No information is sent over the Internet.
Now that ENB has temporarily reduced branch access is my money still insured?
Yes! Regardless of the bank’s operating conditions, your money is insured by the FDIC and will continue to be protected up to at least $250,000. Additional information regarding deposit insurance can be found here.
Will there be enough cash available during the pandemic?
The Federal Reserve System has and will continue to meet the currency needs of banking customers. Be assured that sufficient resources are available to handle customer needs. Keep in mind, the safest place for your money is inside a bank. ENB will continue to ensure that our customers have access to funds either directly or electronically.
Is there anyone I can speak with if I have detailed questions about my FDIC deposit insurance coverage?
Yes. Please contact us at (877) 773-6605 or email us at enb@epnb.com and we’ll be happy to answer your questions. The FDIC also has a team of subject matter experts available to answer your questions. They can be reached at 1-877-ASK-FDIC (1-877-275-3342) and are available between 8:30AM- 5:00PM Monday-Friday.
I have deposits at ENB that I think may exceed the FDIC’s deposit insurance limits. What should I do?
If you have concerns about exceeding the FDIC deposit insurance limits, please give us a call at (877) 773-6605. Another resource can be found at https://www.fdic.gov/deposit/, the FDIC has a number of deposit insurance resources to help you determine your deposit insurance coverage. A key tool for determining deposit insurance coverage is the Electronic Deposit Insurance Estimator (EDIE), which is available at https://edie.fdic.gov/. In addition, the FDIC website has a wide range of other links that can help you determine your deposit insurance coverage.
Fdic Edie Tool
Who can I contact for information about banking services?
Fdic Edie Deposit Insurance
Fdic Edie Insurance Limits
Feel free to call us at (877) 773-6605 with additional questions.