Is my money insured by the FDIC?

Yes, funds held at Dime Savings Bank are typically insured by the Federal Deposit Insurance Corporation, known as the FDIC, up to the standard limit. The FDIC insures each depositor for at least $250,000 per insured bank, for each account ownership category. This means if you have accounts in your name, joint accounts, or accounts held in different ownership categories, you may be eligible for separate coverage for each type. It is important to understand the specifics of how FDIC insurance works and to verify the details about your accounts with Dime Savings Bank for complete peace of mind. For more information, including how insurance applies to various account types, it is suggested that you refer to the official website of Dime Savings Bank, where you can find additional resources and details.