All deposits at Wakefield Co-operative Bank are insured in full.
FDIC insurance covers all deposit accounts, including checking and savings accounts, money market deposit accounts and certificates of deposit. The standard insurance amount is $250,000 per depositor, per insured bank, for each account ownership category. In all cases, the amounts in excess of FDIC coverage are insured without limit by the Share Insurance Fund.
For further information regarding deposit insurance, please contact:
Division of Supervision and Consumer Protection
Attn: Deposit Insurance Outreach
550 17th Street, NW
Washington, DC 20429-9990
The Co-operative Central Bank
Share Insurance Fund
75 Park Plaza
Boston, MA 02116-3934