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Deposit Insurance

Why your money is safe at Range Bank.

Range Bank is a member of the Federal Deposit Insurance Corporation (FDIC), an independent agency of the United States government that insures deposits in various types of consumer and business accounts.

Benefits of having a bank account:

  • Your money can be insured against loss up to $250,000 *per depositor, per insured bank, for each account ownership category.
  • Your money can gain interest, depending on the type of account.
  • You have access to banking services to conveniently manage your accounts.
  • You can use electronic bill bay to efficiently pay bills without needing to mail payments.
  • You have access to banking experts to help answer your questions.
  • Many banks, including Range Bank, offer products that can provide additional protection for balances over $250,000 *per depositor, per insured bank, for each account ownership category.
Range Bank is proud to offer ICS and CDARS for our customers through IntraFi's network.
Customers can obtain multi-million dollar FDIC insurance protection, making it possible to insure funds beyond the typical FDIC limits.


The Federal Deposit Insurance Corporation (FDIC) is a United States government corporation created by the Glass-Steagall Act of 1933. It provides deposit insurance, which guarantees the safety of deposits in member banks, currently up to $250,000* per depositor per bank. The FDIC also examines and supervises certain financial institutions for safety and soundness, performs certain consumer-protection functions, and manages failed banks. Insured institutions (like Range Bank) are required to place "Member FDIC" signs at their place of business stating that "deposits are backed by the full faith and credit of the United States Government." Since the start of FDIC insurance on January 1, 1934, no depositor has lost a single cent of insured funds as a result of a failure.

No. FDIC insurance is automatically applied to any FDIC-insured bank account.
  1. Look for the "Member FDIC" logo posted at bank entrances and at customer service representative stations. 
  2. Search for your financial institution on the FDIC's BankFind online tool.
  3. Submit a request directly to the FDIC by calling 877-275-3342.
No. Annuities, bonds, crypto assets, life insurance, mutual funds, safe deposit box contents, and stocks are not covered. For more information, visit the FDIC resource on "Are My Accounts Insured By the FDIC?"
The FDIC has strategies in place in the case of an insured bank closure. Regardless of the strategy the FDIC uses, you can rest assured that you will be able to access your insured deposits. Click here to learn more.
The EDIE calculator (Easy Deposits, Insurance, and Ever-Changing Rates) can you help you to estimate your FDIC coverage for different types of accounts. Click here to access the EDIE Calculator.
Click here to learn more about Deposit Insurance.