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FDIC Insurance Coverage at 1st Source Bank

The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the federal government that regulates banks in the United States, and provides insurance to depositors.

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Basic FDIC deposit insurance coverage limits

Single and Joint Accounts $250,000 per Person
IRA's and certain other Retirement Accounts $250,000 per Person
POD & Revocable Trust Accounts $250,000 per Owner per Beneficiary*
Corporations, Partnerships, and Unincorporated Associations $250,000 per Entity
Government Accounts $250,000 per Official Custodian

Coverage for checking account customers through December 31, 2010:


All non-interest bearing checking accounts are fully guaranteed for the entire amount in the account. In addition, checking accounts paying up to 0.25% interest are fully guaranteed.


* Limitations apply.



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P.O. Box 1602, South Bend, IN 46634
(574) 235-2000
Member FDIC Equal Housing Lender