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Increased FDIC Insurance Has Been Extended


Revere Bank offers you the peace of mind that comes from knowing that your deposits are federally insured and backed by the full faith and credit of the U.S. government. Deposits at Revere Bank are insured through the Federal Deposit Insurance Corporation (FDIC), a U.S. government agency.

Under legislation passed in May, the FDIC insures each account holder’s funds to at least $250,000 until Dec. 31, 2013.* Individual retirement accounts and certain other retirement accounts are separately insured up to $250,000.

If your savings exceed the amount covered by the basic insurance limits, you can extend your FDIC coverage by establishing different types of accounts. The FDIC insures accounts in different ownership categories separately.

We’re Here for You

A friendly, helpful financial services associate would be happy to answer your questions and help you explore ways to increase your FDIC coverage. Call us or stop by today! Laurel: 240-264-5440; Rockville: 240-499-1190.

* After Dec. 31, 2013, the basic insurance limit will return to $100,000, barring further legislation, and retirement accounts will be separately insured to $250,000.
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