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