FDIC and DIF

When you bank at Lowell Five, you can rest assured that all your deposits are safe. That’s because Lowell Five is insured 100% through the FDIC (Federal Deposit Insurance Corporation) and DIF (Depositors Insurance Fund). While every bank has FDIC insurance to cover deposits up to $250,000, not all banks offer DIF insurance to cover deposits over $250,000. In fact, no depositor has ever lost a penny in a bank insured by both the FDIC and the DIF.

All deposits Insured in full

  • All deposits Insured in full
  • Checking
  • Savings
  • CDs
  • Money Market Deposit Accounts
  • Retirement Deposit Accounts

Automatic coverage

  • No forms, applications, or special requirements
  • Coverage begins when you open a deposit account

No cost or fees

“FDIC insurance covers the first $250,000 of your deposit. DIF insurance is private insurance that Lowell Five pays for to insure ALL YOUR deposits above $250,000. We have DIF insurance because it’s important for the peace of mind of our customers. And what’s important to our customers is important to us. Your money is 100% safe and secure at Lowell Five.”

Jay Stephens
President & CEO
Lowell Five

Man

The DIF is a private, industry-sponsored insurance company and is not backed by the federal government of the Commonwealth of Massachusetts.

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