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MARBLEHEAD BANK DEPOSITORS ARE FULLY INSURED.
All Deposits are fully insured at Marblehead Bank through both the FDIC and DIF, read more here
Recognizing and Avoiding Scams, read more here
MARBLEHEAD BANK DEPOSITORS ARE FULLY INSURED
All Deposits are fully insured at Marblehead Bank through both the FDIC and DIF.
What Does Fully-Insured Mean?
Marblehead Bank customers have the added comfort of knowing their funds are fully-insured. The FDIC insures all deposits up to $250,000 per depositor relationship. All deposit amounts above the FDIC limits are insured in full by the Depositors Insurance Fund (DIF). The combination of FDIC and DIF insurance provides Marblehead Bank customers with full deposit insurance on all their deposit accounts. No depositor has ever lost a penny in a bank insured by both the FDIC and DIF.
To help you understand your coverage further, below are two important links. The first is to the FDIC. It will provide you with a tool that will disclose how much of your money at Marblehead Bank is covered by FDIC. The other link is to the DIF site. You can see some frequently asked questions and answers, a list of member banks and the current annual report.
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