Oostburg State Bank FDIC Insured
 

What does FDIC insured mean to you? 

After the stock market crash of 1929 a great number of banks went out of business.  In 1933 the Federal Deposit Insurance Corporation was created to ensure stability in the economy and the public’s confidence in the country’s banking system.  Today, your deposits are insured up to $250,000 per depositor, per bank.  So you can rest assured that the money you have deposited in your Oostburg State Bank is safe and secure. 

What if you have more than $250,000 on deposit at Oostburg State Bank?

There are legitimate ways to establish and title your accounts that allow a married couple to federally insure their deposits up to $2,000,000 and a family of four up to $6,000,000!  If you would like more information on account titling options that will allow you the maximum federal insurance available contact us.  More information about federal deposit insurance is available on the government’s FDIC website.    Oostburg State Bank is also a member of CDARS (Certificate of Deposit Account Registry Service) allowing us to offer FDIC insurance on your CDs up to $50 million.  For more information contact us or go to the CDARS website.