Deposit Insurance
At Charles River Bank, every deposit is insured in full.
Depositors at Charles River Bank are covered through a combination of coverage from the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF).
Since the DIF began insuring deposits in 1934, no depositor has ever lost a penny in a bank insured by both the FDIC and DIF.
Safety and Peace of Mind
Federal Deposit Insurance Corporation
Each depositor is insured by the Federal Deposit Insurance Corporation (FDIC) to at least $250,000.
Depositors Insurance Fund
All deposits above the FDIC insured limits amount are covered by the Depositors Insurance Fund (DIF).