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Regions Bank is a member of the FDIC and, as such, its deposits are insured by the FDIC to the extent provided by law.
Yes, FDIC insurance is automatic and free for Regions customers. You do not need to sign up, opt in or pay anything for your deposit account to be insured.
Your Regions deposits are fully protected up to the standard deposit insurance amount by the Federal Deposit Insurance Corporation (FDIC). The standard deposit insurance amount is $250,000 per depositor, per insured bank, for each account ownership category.
Overview. Regions Bank had $159.7 billion in assets as of June 30, 2022, ranking it No. 25 among banks in the country. Regions Bank serves customers across the South, Midwest and Texas and operates approximately 1,300 banking offices.
FDIC Insurance Most deposits in banks are insured dollar-for-dollar by the Federal Deposit Insurance Corp. This insurance covers your principal and any interest youre owed through the date of your banks default up to $250,000 in combined total balances. You dont have to apply for FDIC insurance.
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The Facts: The truth is that federal law requires the FDIC to pay deposit insurance as soon as possible. For insured deposits those within the deposit insurance limits the FDIC almost always pays insured depositors within a few business days of a closing, usually the next business day.
What Products Are Not Insured? Stock Investments. Bond Investments. Mutual Funds. Crypto Assets. Life Insurance Policies. Annuities. Municipal Securities. Safe Deposit Boxes or their contents.
It is rare for a bank not to have FDIC insurance, but there are exceptions. Bank of North Dakota, for example, is not FDIC-insured. Instead, it is backed by the full faith and credit of the State of North Dakota.

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