OnePlace.bank and OnePlace Capital, divisions of Bank Midwest (the “Bank”), are members of the FDIC, an independent agency of the U.S. Government – the Federal Deposit Insurance Corporation (FDIC) – which insures your deposits up to $250,000 per depositor, per bank, in each account ownership category.
ACCOUNT TYPES INSURED BY FDIC
The FDIC insures deposits held in the following types of accounts up to the insured limit:
- Checking
- Savings
- Money market deposit accounts
- Certificates of Deposit (CDs)
ACCOUNT TYPES NOT INSURED BY FDIC
Even if you purchase these products from an insured bank, the FDIC does not insure the money you invest in:
- Stocks
- Mutual funds
- Life insurance policies
- Annuities
- Municipal securities
HELPFUL LINKS
FDIC’s EDIE (Electronic Deposit Insurance Estimator)
FDIC Consumer Protection