FDIC Account Insurance

If you are like most people, you probably have a limited or basic understanding about FDIC insurance. But chances are, you may not be fully aware of how the FDIC works - and more importantly, how the coverage they offer can protect your deposited dollars here are Malvern National Bank or any other FDIC-insured bank.

New Regulations effective in April 1999 simplified and in some cases, expanded the coverage of deposit insurance for Joint Accounts and Revocable Trust Accounts. These changes may or may not have affected you, depending on your particular situation, so we encourage you to review this information carefully to determine if there are any changes you may want to make in your accounts to get the maximum coverage allowed.
The following accounts are covered by FDIC insurance:

• Checking Accounts
  
• Savings Accounts
  
• Money Market Deposit Accounts
  
• Certificates of Deposits
  
• Trust Account
  
• Individual Retirement Accounts (IRAs)

The following products or accounts are not covered by FDIC insurance:

• Stocks and Bonds
  
• U.S. Treasury Bills
  
• Mutual Funds
  
• Life Insurance Policies
  
• Annuities
  
• Municipal Securities
  
• Safe Deposit Box Contents
  
• Loss of deposits by fire, theft or fraud

Deposits at are insured up to $250,000 per depositor.

If you would like to obtain additional information or clarification about the FDIC policies and guidelines, please visit with a Customer Service Representative in any or our branches. If it's more convenient, just call a branch near you.

The FDIC also has a call center where you obtain information about its coverage of accounts. Call 1-877-ASKFDIC (877-275-3342) or log on to www.FDIC.gov for official and up-to-date FDIC information.