Is my money insured by the FDIC?

The Bancorp Bank is indeed a member of the Federal Deposit Insurance Corporation, also known as the FDIC. This means that customer deposits at The Bancorp Bank are typically insured by the FDIC, which provides coverage for deposits up to a standard amount of two hundred fifty thousand dollars per depositor, per insured bank, for each account ownership category. This insurance helps protect depositors in the event of a bank failure. It is always advisable to review the details of your specific accounts and the terms that may apply, as well as to have a clear understanding of the limits of the insurance coverage. For the most accurate and up-to-date information regarding FDIC insurance and how it applies to your accounts, it is helpful to check the official website or resources provided by The Bancorp Bank.