|WELCOME TO MONTEREY COUNTY BANK|
Every year, thousands of people lose money to telephone scams - from a few dollars to their life savings. Scammers will say anything to cheat people out of money. Some seem very friendly - calling you by your first name, making small talk, and asking about your family. They may claim to work for a company you trust, or they may send mail or place ads to convince you to call them. Learn More
|FDIC INSURANCE COVERAGE|
FDIC insurance covers all types of deposits received at an insured bank, including deposits in a checking account, negotiable order of withdrawal (NOW) account, savings account, money market deposit account (MMDA), time deposit such as a certificate of deposit (CD), or an official item issued by a bank, such as a cashier's check or money order.
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.
Accounts will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.
|For more information about FDIC insurance coverage, visit: www.fdic.gov/deposit/covered/
Use the FDIC's Electronic Deposit Insurance Estimator to calculate insurance coverage.