You may visit the FDIC's website to view additional frequently asked questions regarding deposit accounts at www.fdic.gov/deposit/difaq.html.

For Consumer Protection information visit the FDIC's website at www.fdic.gov/consumers/index.html.

FDIC Insurance


Enjoy greater peace of mind with increased FDIC insurance on your Chemical Bank deposit accounts.


The FDIC has increased its deposit insurance coverage to at least $250,000 per depositor through December 31, 2013.1 Here are answers to some frequently asked questions about the change in FDIC coverage.

  • What types of accounts are eligible for FDIC insurance?

    • All deposit accounts at insured banks are covered, including checking, savings, CDs and money market savings accounts up to the insured limit. However, mutual funds, stocks, bonds and other investments purchased through an insured bank are not covered.

  • How do I know how much I'm covered for?

    • The base coverage amount is $250,000 per depositor for combined deposits in the same bank. However, if you have joint and individual accounts, you and your spouse may be eligible for additional coverage. In this example, up to $1,000,000 in FDIC insurance is available.2

      Chemical Bank

      Your Chemical Bank account and CD

      $250,000

      Spouse's Chemical Bank savings account and CD

      $250,000

      Joint Chemical Bank savings account and CD

      $500,000

      ($250,000 each)

      Total for Household

      $1,000,000

      To calculate how your own accounts are covered by FDIC insurance, visit www.myfdicinsurance.gov and use EDIE the Estimator to create an easy to read report.

  • What do I have to do to obtain this coverage?

    • The FDIC coverage increases are automatic. There is no action required on your part.

  • How can I learn more about my FDIC coverage?

    • For specific questions about your accounts, talk to a Chemical Bank representative or visit www.fdic.gov for more general information.

  • Is Chemical Bank participating in the FDIC's Transaction Account Guarantee Program?

    • Yes. This means that under that program all non-interest bearing checking accounts and IOLTA accounts are fully guaranteed by the FDIC for the entire amount in the account through December 31, 2010. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.

      In addition, most interest bearing checking accounts are also covered.3

Click here for a printable version of the Deposit Insurance Summary provided by the FDIC.

1On January 1, 2014, the standard coverage limit will return to $100,000 for all deposit categories except IRAs and Certain Retirement Accounts, which will continue to be insured up to $250,000 per owner.

2Examples assume no other deposit accounts at Chemical Bank. How customers establish or title accounts may have legal, financial, estate planning and/or tax consequences, so customers should be advised to consult with their legal and tax advisor(s).

3Most interest bearing checking accounts with an interest rate equal to or less than .25% are covered. Call or visit a Chemical Bank branch for more details.