TCB would like to remind all depositors that they can bank with confidence at their local community bank knowing their money is safe because it is insured by the FDIC. FDIC deposit insurance covers each depositor's account, dollar-for-dollar, up to the insurance limit. Since the FDIC was founded 90 years ago, no one has ever lost a penny of FDIC-insured funds.
FDIC data shows that TCB and the community banking industry as a whole remain safe, sound, and secure. According to the FDIC’s latest Quarterly Banking Profile, community banks outperformed the rest of the banking industry during the fourth quarter and had broad-based loan growth, strong capital ratios, and favorable asset quality. TCB is no exception to these favorable statistics.
Ask a TCB team member today how FDIC insurance works for you. Let us also show you, your business, or organization how you can expand your FDIC insurance coverage - directly with us. There is no better time to experience what a safe, sound, and rewarding relationship at TCB can provide for you, your family, and your community.
If you have questions about your coverage, or would like to learn more about FDIC insurance and how it works, we encourage you to access the following resources or give us a call directly at 800-422-5675.