Deposit Insurance Information

When you bank at Martha's Vineyard Bank, all your deposits are fully insured, fully protected.  The standard Federal Deposit Insurance Corporation (FDIC) amount is $250,000 per depositor, per insured bank, for each account ownership category.  All deposits above the FDIC limit are insured in full by the Depositors Insurance Fund (DIF).

Effective December 31, 2012
Notice of Expiration of the Temporary Full FDIC Insurance Coverage for Transaction Accounts

Beginning January 1, 2013, all of a depositor's accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.

As a member of both the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF), Martha's Vineyard Bank provides full insurance for its customers' deposits and accrued interest without limit or exception.