At First National Bank of Michigan (FNBM), keeping your money secure is our top priority. One of the most important ways we do that is through FDIC insurance — a federal protection that gives you peace of mind, knowing your deposits are safe no matter what happens.

What Is FDIC Insurance?

The Federal Deposit Insurance Corporation (FDIC) is a U.S. government agency that protects depositors if an FDIC-insured bank ever fails. The standard insurance amount is $250,000 per depositor, per insured bank, for each account ownership category.

That means your checking, savings, and CDs at FNBM are insured up to this amount — automatically, at no cost to you. If you hold accounts at different FDIC-insured banks, each institution provides its own coverage up to that same limit.

How We Protect Your Deposits

FDIC insurance is just one part of how we safeguard your money. First National Bank of Michigan also takes these steps to ensure your funds and personal information remain secure:

• Robust Financial Oversight: We maintain strong capital levels and follow all federal banking regulations to ensure stability and reliability.
• Advanced Security Measures: Encryption, secure authentication, and 24/7 fraud monitoring help keep your accounts protected.
• Regular Examinations: The FDIC and other regulators review our operations to confirm compliance and sound financial management.

Why It Matters

FDIC insurance provides an extra layer of confidence — your deposits are backed by the full faith and credit of the United States government. Most importantly, you’ll always have access to your insured funds, even if something unexpected happens in the banking system.

To learn more about FDIC coverage or to estimate your total insurance protection, visit the FDIC’s EDIE calculator 

At FNBM, your trust matters to us — and protecting your money will always be at the heart of what we do.

View our 2024 Annual Report to confirm the strength and security of First National Bank of Michigan.

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