Is Customers Bank FDIC insured?
Yes, Customers Bank is an FDIC-insured institution [1.2.1]. All deposits held directly with the bank qualify for federal deposit insurance coverage up to $250,000 per depositor, subject to standard regulatory conditions [1.2.1]. This insurance provides protection for customer deposits, ensuring that funds held in qualifying accounts are backed by the Federal Deposit Insurance Corporation up to the legal limit [1.2.1]. This status is a standard feature for legitimate U.S. banks and offers account holders security for their savings and checking balances within the institution [1.2.1].
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