Deposit Insurance

All Deposits Insured in Full

At Millbury Savings Bank, every deposit is insured in full. Each depositor is insured by the Federal Deposit Insurance Corporation (FDIC) to at least $250,000. All deposits above the FDIC limits are insured in full by the Depositors Insurance Fund (DIF). No one provides better deposit protection!

Notice of Changes in Temporary FDIC Insurance Coverage for Transaction Accounts

All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.

The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit FDIC.gov.

FDIC's Electronic Deposit Insurance Estimator (EDIE)

EDIE is a simple, interactive online tool you can use to calculate your FDIC insurance coverage for all your deposit accounts—including checking, savings, money market, and CDs—held at FDIC-insured institutions like Millbury Savings. In three easy steps, EDIE will allow you to enter all of your account information, see what's insured and what exceeds insurance limits, and then print a final report for your records. To use EDIE, visit FDIC.gov/EDIE.

We’re Looking Out For You.

It’s our mission to take special care of our customers. If you have questions or need our help choosing the products and services that best meet your financial needs, please complete our information request form, stop by one of our offices, or call us at (508) 865-5811.