FDIC Notice

FDIC Insurance

Deposits at FDIC-Insured institutions are now insured to at least $250,000 per depositor for each account ownership category. Learn more at https://www.fdic.gov/deposit or https://www.fdic.gov.

BofI Federal Bank runs multiple brands over the internet. For more information click here.

Notice of Expiration of the Temporary Full FDIC Insurance Coverage for Noninterest-bearing Transaction Accounts

By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all a depositor’s accounts at an insured depository institution, including all noninterest-bearing transaction 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 of noninterest-bearing transaction accounts, visit the FDIC page.

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