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Know Your Risk. Protect Your Money.


Know Your Risk. Protect Your Money.

Know Your Risk. Protect Your Money.

Here at Clinton Savings Bank, we know how important your money is. We created this blog to bring awareness of deposit insurance and how it can protect people’s money. The Federal Deposit Insurance Corporation or FDIC, has developed a national consumer campaign, “Know Your Risk. Protect Your Money.” The digital campaign will run through November and will resume in January 2024 with the start of traditional tax filing season and when many consumers receive refund payments. Clinton Savings Bank is happy to be a part of this campaign to help spread awareness!

The Federal Deposit Insurance Corporation

Deposit Insurance

The FDIC provides deposit insurance to protect your money in the event of a bank failure. Your deposits are automatically insured to at least $250,000 at each FDIC-insured bank. More than 99 percent of deposit accounts in the U.S. today are under this deposit insurance coverage limit and are fully protected by the FDIC.

 All deposits at Clinton Savings Bank are 100% fully insured without limit or exception. Each depositor is insured by the FDIC up to $250,000. All deposits above the FDIC insurance amount are insured in full by the Depositors Insurance Fund (DIF).

What does deposit Insurance cover? FDIC deposit insurance protects money you hold at an FDIC-insured bank in traditional deposit accounts like:

  • Checking accounts,
  • Savings accounts,
  • Money market deposit accounts (MMDAs), and
  • Certificates of deposit (CDs).

Coverage is automatic when you open one of these types of accounts at an FDIC-insured bank. 

What Financial products are not covered? The FDIC only insures your money if it is in a deposit account at an FDIC-insured bank. Banks offer some financial products and services that are not deposits, and the FDIC does not insure them. These include:

  • Mutual funds
  • Annuities
  • Life insurance policies
  • Stocks and bonds
  • Crypto assets
  • Municipal securities
  • Safe deposit content


  1. FDIC: Federal Deposit Insurance Corporation
  2. FDIC: Deposit Insurance

The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by Congress to maintain stability and public confidence in the nation's financial system. To accomplish this mission, the FDIC insures deposits; examines and supervises financial institutions for safety, soundness, and consumer protection; makes large and complex financial institutions resolvable; and manages receiverships. They work behind the scenes to ensure financial safety for depositors across America.

Clinton Savings Bank is not a financial advisor. Please consult with a licensed professional who can provide advice tailored to your individual circumstances. While we hope you find this content useful, it is only intended to serve as a starting point. Your next step is to speak with a qualified, licensed professional who can provide advice tailored to your individual circumstances. Nothing in this article, nor in any associated resources, should be construed as financial or legal advice. Furthermore, while we have made good faith efforts to ensure that the information presented was correct as of the date the content was prepared. CSB disclaims any liability arising from the use or misuse of these materials and, by visiting this site, you agree to release CSB from any such liability. Do not rely upon the information provided in this content when making decisions regarding financial or legal matters without first consulting with a qualified, licensed professional.