Deposits are Insured in full
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We've got you covered!At Cape Ann Savings Bank, our customers can have the peace of mind that their money on deposit with us is 100% insured. All Checking, Savings, Certificate of Deposit, and Money Market Accounts, both personal and business, are insured by the FDIC (Federal Deposit Insurance Corporation) and DIF (Depositors Insurance Fund). Each depositor is insured by the FDIC to at least $250,000. All deposits above the FDIC insurance amount are insured by the Depositors Insurance Fund (DIF).The combination of FDIC and DIF insurance provides customers of our bank with full deposit insurance on all their deposit accounts. No need to apply! Coverage comes with each deposit account. Our commitment to our customers and community has been steadfast and strong since 1846. "No depositor has ever lost a penny in a bank insured by both the FDIC and the DIF.”More Information?Questions? |