Are my deposits with Northern Trust Corporation FDIC insured?

Deposits with Northern Trust Corporation, including those held through its banking division, are generally insured by the Federal Deposit Insurance Corporation, commonly known as the FDIC. This insurance typically protects individual accounts, such as checking and savings accounts, up to a limit of two hundred fifty thousand dollars per depositor, per insured bank, for each account ownership category. It is important to note that not all products offered by Northern Trust may be eligible for FDIC insurance. For example, investment products, such as mutual funds, are not covered. Customers are encouraged to verify the specific details of their accounts to understand the coverage that applies. For the most accurate and current information, visiting the official Northern Trust website may be beneficial, as it will provide details on deposit insurance and account types.