Integra Bank - FDIC Insurance

Integra Bank is a member of the Federal Deposit Insurance Corporation (FDIC).

The Federal Deposit Insurance Corporation (FDIC) is a federal agency organized in 1933 that insures depositors' accounts up to the insured amount at most commercial banks and savings associations. The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the United States government that protects against the loss of insured deposits if an FDIC-insured bank or savings association fails. FDIC deposit insurance is backed by the full faith and credit of the United States government. Since the FDIC was established, no depositor has ever lost a single penny of FDIC-insured funds.

FDIC insurance coverage limit increases from $100,000 to $250,000 through Dec. 31, 2013.

On October 3, 2008, President George W. Bush signed the Emergency Economic Stabilization Act of 2008, which temporarily raises the basic limit on federal deposit insurance coverage from $100,000 to $250,000 per depositor. The temporary increase in deposit insurance coverage became effective immediately upon the President's signature. The legislation provides that the basic deposit insurance limit will return to $100,000 on December 31, 2013.

Integra Bank is participating in the FDIC's Transaction Account Guarantee Program.

Under that program, through June 30, 2010, all non-interest bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.

Types of Integra Bank products that the FDIC insures include:

Checking Accounts
Money Market Deposit Accounts
Savings Accounts
Certificates of Deposit (CDs)
Deposit Accounts owned by certain types of Trusts

FDIC insurance does not, however, cover other financial products and services that insured banks may offer, such as stocks, bonds, mutual fund shares, life insurance policies, annuities or municipal securities.

Individuals can maximize their FDIC coverage

Basic FDIC Deposit Insurance Coverage Limits (coverage depends on the total of all deposits held by the account owner(s) at each FDIC-insured bank)

Single Accounts (owned by one person)	$250,000 per owner*
Joint Accounts (two or more persons)	$250,000 per co-owner*
IRAs and certain other retirement accounts	$250,000 per owner (not changed)
Trust Accounts (including POD Accounts and Living Trusts)	$250,000 per owner per beneficiary subject to specific limitations and requirements*
Non-Interest Bearing Now Account	Unlimited coverage*

The legislation authorizing the increase in deposit insurance coverage limits makes the changes effective through December 31, 2013.

Businesses can maximize their FDIC coverage

The FDIC deposit insurance protects the deposits of businesses. Here is an example where a business may obtain unlimited deposit insurance coverage on transaction accounts and up to $250,000 on their interest-bearing accounts as follows:

Business Checking Account (Pays 0% Interest - Operating Account)	Unlimited Coverage
Business NOW accounts with Interest Rate of 0.50% or less	Unlimited Coverage
IOLTA Accounts (Attorneys Only)	Unlimited Coverage
Business Checking Account (Pays 0% Interest - Payroll Account)	Unlimited Coverage
Business Money Market Savings Account	$250,000

Qualified businesses with a Non-Personal NOW account may obtain unlimited coverage on the account through December 31, 2013.

Establishing accounts under different forms of account ownership may have significant tax or estate planning impacts. Review your plans with an attorney or qualified financial advisor.

Are you adequately covered with FDIC insurance?

To see examples of how FDIC coverage works, visit the FDIC's online Electronic Deposit Insurance Estimator website. With the help of this website, you can calculate your FDIC insurance coverage for each FDIC-insured bank where you have deposit accounts