FDIC Deposit Insurance
IOU National Bank, N.A. is a member of the Federal Deposit Insurance Corporation. Your deposits are insured.
Your deposits are insured
The Federal Deposit Insurance Corporation (FDIC) insures deposits at IOU National Bank up to $250,000 per depositor, per insured bank, for each account ownership category. This means your money is safe and backed by the full faith and credit of the United States government.
What's covered?
- Checking accounts
- Savings accounts
- Money market deposit accounts
- Certificates of deposit (CDs)
- Cashier's checks and money orders issued by the bank
- Other official items issued by the bank
What's NOT covered?
FDIC insurance does not cover investments such as stocks, bonds, mutual funds, annuities, or life insurance products — even if purchased through the bank. Investment and insurance products are not FDIC insured, not bank guaranteed, and may lose value.
Coverage limits by ownership category
| Ownership Category | Coverage Limit |
|---|---|
| Single Accounts | $250,000 per owner |
| Joint Accounts | $250,000 per co-owner |
| Revocable Trust Accounts | $250,000 per beneficiary |
| IRAs and Retirement Accounts | $250,000 per owner |
| Corporation/Partnership Accounts | $250,000 per entity |
IOU National Bank, N.A. · FDIC Certificate #48217 · NMLS #184723 · Equal Housing Lender. For more information about FDIC insurance coverage, visit fdic.gov or call the FDIC at 1-877-275-3342.