Are my deposits with Northern Trust Corporation FDIC insured?

Yes, your deposits with Northern Trust Corporation are FDIC insured. As a member of the Federal Deposit Insurance Corporation (FDIC), Northern Trust Corporation provides deposit insurance coverage up to the maximum limit established by the FDIC for each depositor. This means that if Northern Trust Corporation were to experience financial difficulties and be unable to repay your deposits, the FDIC would step in to protect your funds. Currently, the standard maximum deposit insurance amount is $250,000 per depositor, per insured bank, for each account ownership category. It is important to note that if you hold accounts in different categories or have multiple accounts with Northern Trust Corporation, you may be eligible for additional coverage up to the legal limits.