FDIC Insurance

FDIC insurance covers all types of deposits received at an insured bank, including deposits in a checking account, a negotiable order of withdrawal (NOW) account, savings account, money market deposit account (MMDA), or time deposit such as certificate of deposit (CD).

FDIC insurance covers depositors accounts at each insured bank, dollar-for-dollar, including principal and any accrued interest through the date of the insured banks’ closing, up to the insured limit.

FDIC does not insure money invested in stocks, bonds, mutual funds, life insurance policies, annuities, or municipal securities, even if these investments are purchased at an insured bank.

The FDIC does not insure safe deposit boxes or their contents.

The FDIC does not insure US Treasury bills, bonds, or notes, but these investments are backed by the full faith and credit of the United States government.

At Mutual Savings Association, FSA we are fully knowledgeable about how FDIC coverage works. We will help you determine if you have adequate coverage for your accounts or determine if account relationships need to be modified to further extend your coverage.

Contact a Personal Banker for a detailed analysis.

Certificates of Deposit RatesIcon For: Rates

Term Rate APY*
91 Days .85% .85%
182 Days 1.00% 1.00%
1 Year 1.29% 1.30%
2 Year 1.64% 1.65%
3 Year 1.89% 1.90%
4 Year 1.69% 1.70%
5 Year 2.18% 2.20%
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Rates are subject to change at any time.