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The FDIC insures all deposits up to $100,000 per depositor except self-directed retirement accounts, which are insured up to $250,000 per depositor. All deposit amounts above the FDIC limits are insured in full by the Depositors Insurance Fund (DIF).
Both the FDIC and DIF have been insuring bank deposits for more than 50 years. The DIF is the oldest, largest and strongest state-chartered deposit insurer in the nation, including Federal agencies.
State-chartered savings banks in Massachusetts, and particularly Belmont Savings, are known and respected places for your savings. With the added safeguards of the DIF, they're also the safest.
That's why its important to bank in a state-chartered savings bank where you see the seal "Deposits Insured in Full."'
If you would like further details regarding FDIC or DIF insurance, please call or visit any of our branch offices - or visit our Contact Us page to request more information. The FDIC can be found on the World Wide Web at www.fdic.gov.
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