Member FDIC

As a depositor at Valley State Bank, we want you to know how your deposits are insured and how you can increase your amount of insurance protection.


                                 FDIC Deposit Insurance Coverage Limits by Account Ownership Category:

Single Accounts (Owned by One Person) | $250,000 per owner
Joint Accounts (Owned by Two or More Persons) | $250,000 per co-owner
Certain Retirement Accounts (Includes IRAs) | $250,000 per owner
Revocable Trust Accounts | $250,000 per owner per unique beneficiary Corporation

Partnership and Unincorporated Association Accounts | $250,000 per corporation, partnership, or unincorporated association
Irrevocable Trust Accounts | $250,000 for the noncontingent interest of each unique beneficiary
Employee Benefit Plan Accounts | $250,000 for the noncontingent interest of each plan participant
Government Accounts | $250,000 per official custodian (more coverage available subject to specific conditions) 


To determine your deposit insurance coverage or ask any other specific deposit insurance questions, call 1-877-ASK-FDIC (1-877-275-3342) or call Valley State Bank at 256-332-3600.


The FDIC covers Checking Accounts, Negotiable Order of Withdrawal (NOW) Accounts, Savings Accounts, Money Market Deposit Accounts (MMDA), Time Deposits such as CDs, Cashier's Checks, Money Orders, and other official items issued by a bank. 

The FDIC does not cover Stock Investments, Bond Investments, Mutual Funds, Life Insurance Policies, Annuities, Municipal Securities, Safe Deposit Boxes or their contents, U.S. Treasury Bills, Bonds, or Notes. 


Learn more about the FDIC by clicking here