FAQs About FDIC Deposit Insurance During the Coronavirus (COVID-19) Outbreak
Now that ENB has temporarily reduced branch access is my money still insured?
Yes! Regardless of the bank’s operating conditions, your money is insured by the FDIC and will continue to be protected up to at least $250,000. Additional information regarding deposit insurance can be found here.
Will there be enough cash available during the pandemic?
The Federal Reserve System has and will continue to meet the currency needs of banking customers. Be assured that sufficient resources are available to handle customer needs. Keep in mind, the safest place for your money is inside a bank. ENB will continue to ensure that our customers have access to funds either directly or electronically.
Is there anyone I can speak with if I have detailed questions about my FDIC deposit insurance coverage?
Yes. Please contact us at (877) 773-6605 or email us at firstname.lastname@example.org and we’ll be happy to answer your questions. The FDIC also has a team of subject matter experts available to answer your questions. They can be reached at 1-877-ASK-FDIC (1-877-275-3342) and are available between 8:30AM- 5:00PM Monday-Friday.
I have deposits at ENB that I think may exceed the FDIC’s deposit insurance limits. What should I do?
If you have concerns about exceeding the FDIC deposit insurance limits, please give us a call at (877) 773-6605. Another resource can be found at https://www.fdic.gov/deposit/, the FDIC has a number of deposit insurance resources to help you determine your deposit insurance coverage. A key tool for determining deposit insurance coverage is the Electronic Deposit Insurance Estimator (EDIE), which is available at https://edie.fdic.gov/. In addition, the FDIC website has a wide range of other links that can help you determine your deposit insurance coverage.
Who can I contact for information about banking services?
Feel free to call us at (877) 773-6605 with additional questions.Back to Blog >