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Deposit Insurance

Deposit Insurance

Deposit Insurance

Complete Protection for Your Deposit Balance

At Bank of Canton, all deposits are fully insured between the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF) of Massachusetts, regardless of how many accounts you have with us or their balances.

The FDIC insures up to $250,000 per depositor per account category. All deposits amounts above the FDIC’s limits are fully insured by the DIF. Coverage begins automatically as soon as you open your account.

No depositor has ever lost a penny in a bank insured by both the FDIC and DIF.

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