FDIC Insurance
FDIC Insurance Disclosure for Horizon Premier Capital
Your Deposits Are Insured Up to the Maximum Allowed by Law
Horizon Premier Capital is a member of the Federal Deposit Insurance Corporation (FDIC). Your deposits at Horizon Premier Capital are insured up to the maximum allowed by law.
FDIC Coverage Limits:
- Single Accounts: Each individual depositor’s account is insured up to $250,000.
- Joint Accounts: Joint accounts held by two or more people are insured up to $250,000 per co-owner.
- IRA Accounts: Certain retirement accounts, such as Individual Retirement Accounts (IRAs), are insured up to $250,000.
- Revocable Trust Accounts: Funds held in qualifying revocable trust accounts are insured up to $250,000 per beneficiary.
Deposits in different ownership categories may be separately insured. It is important to note that not all types of accounts or account ownership structures are covered under FDIC insurance. For instance, investments in stocks, bonds, mutual funds, and annuities are not insured by the FDIC.
Maximizing FDIC Insurance Coverage:
To maximize FDIC insurance coverage, it is essential to understand the rules and requirements for different account types and ownership structures. If you have questions regarding FDIC insurance coverage, please contact Horizon Premier Capital for clarification or visit the FDIC’s official website at www.fdic.gov.
Exceeding FDIC Insurance Limits:
Deposits exceeding the FDIC insurance limits may not be covered in case of bank failure. It is the responsibility of depositors to monitor their account balances and ensure that their deposits remain within the FDIC insurance limits.
FDIC Contact Information:
For inquiries or more information regarding FDIC insurance coverage, you can contact the FDIC directly at:
Federal Deposit Insurance Corporation (FDIC)
550 17th Street NW
Washington, D.C. 20429
Toll-free number: 1-877-ASK-FDIC (1-877-275-3342)
Website: www.fdic.gov
Conclusion:
Horizon Premier Capital is dedicated to providing a safe and secure banking environment. We want our customers to have confidence in the safety of their deposits, and we assure you that your funds are protected by FDIC insurance to the maximum extent permitted by law.