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Member FDIC
Federal Deposit Insurance Corporation (FDIC) Member
Each depositor with AloStar Bank of Commerce is FDIC-insured for up to $250,000.
On July 21, 2010, President Barack Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act into law, which, in part, permanently raises the current standard maximum deposit insurance amount (SMDIA) to $250,000.
Since the start of FDIC insurance on January 1, 1934, no depositor has lost insured funds as a result of a failure.
For more information the FDIC toll free consumer hotline is 1-877-275-FDIC or online at FDIC information resource.
