FDIC Insurance

Your deposits at M&T Bank are fully insured by the FDIC up to the standard insurance amount of $250,000.

Are my M&T Bank deposit accounts covered by FDIC insurance?

Yes, subject to applicable limits. M&T Bank is a member of the Federal Deposit Insurance Corporation (FDIC), certificate number 588.

The FDIC is an independent agency of the U.S. government which protects depositors of insured U.S. banks against the loss of their deposits if that bank fails. FDIC insurance is backed by the full faith and credit of the United States government.

FDIC insurance covers all types of deposits received at an insured bank, except for investments – even if those investments were purchased at an insured bank.

​General FDIC Insurance Limit

The standard insurance amount is $250,000, but this depends on qualifiers unique to the depositor, the insured bank and for each account ownership category. 

Estimate your coverage by accessing the FDIC Electronic Deposit Insurance Estimator (EDIE), which explains how the insurance rules and limits apply, and allows you to print a report for your records.

Learn more about FDIC insurance.

For more information about FDIC insurance coverage of transaction accounts, visit http://www.fdic.gov.

Unless otherwise specified, all advertised offers and terms and conditions of accounts and services are subject to change at any time without notice. After an account is opened or service begins, it is subject to its features, conditions and terms, which are subject to change at any time in accordance with applicable laws and agreements. Please contact an M&T representative for full details.