First Priority Bank is an FDIC Insured Bank. To be eligible as an FDIC insured bank, a financial institution must meet high standards for financial strength and stability. Furthermore, FDIC insured institutions are regularly audited to ensure that they continue to meet the requirements of the FDIC.
On July 21, 2010, FDIC deposit insurance permanently increased to $250,000 per depositor.
Deposits with First Priority are insured up to $250,000 for basic accounts (such as savings, checking, money market, and CDs) and up to $250,000 for retirement accounts. You may be realizing even higher rates of coverage. For full details, please visit the FDIC web site at http://www.fdic.gov/deposit. The site also provides an FDIC insurance calculator (http://www.fdic.gov/edie) that can help you calculate your coverage level.