Deposits at E*TRADE Bank are insured by the FDIC.
The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by the U.S. Congress in 1933 to help maintain public confidence in the nation's financial system. One of the primary goals of the FDIC is to insure deposits in banks and thrift institutions. The FDIC also examines and supervises member institutions. Learn more.
To check if your E*TRADE Bank accounts are fully protected, visit the FDIC Estimator.
What does FDIC insurance cover?
FDIC insurance covers all types of deposits received at E*TRADE Bank, including deposits in checking, NOW, savings, and money market deposit accounts.
The balance of each depositor's account is covered dollar for dollar up to the insurance limit, including principal and any accrued interest through the date of the insured bank's closing.
FDIC insurance does not cover money invested in stocks, bonds, mutual funds, life insurance policies, annuities, or municipal securities.
How much insurance does the FDIC provide?