At MutualOne Bank, every deposit is insured in full.
Each depositor is insured by the Federal Deposit Insurance Corporation (FDIC) to at least $250,000. All deposits over and above this amount are covered by the Share Insurance Fund (SIF), established by the legislature in 1934 to protect deposits in Massachusetts-chartered co-operative banks. There are no maximum account limitations or amount limitations.
For more information or answers to any questions, please visit our Client Service Center, use our Information Request Form, or call us at (508) 820-4000