High Balance Deposits
Balances secured by the FDIC
The Federal Deposit Insurance Corporation (FDIC) provides deposit insurance to protect your money in the event of a bank failure. Business and personal deposits of up to $250,000 per account are safe with VersaBank USA, so you can save with confidence.
FDIC Insurance
FDIC deposit insurance protects money you hold at an FDIC-insured bank in traditional deposit accounts, such as:
- Checking accounts
- Savings accounts
- Money market deposit accounts (MMDAs)
- Certificates of deposit (CDs)
Coverage is automatic when you open one of these types of accounts at VersaBank USA.
