FDIC Electronic Deposit Insurance Estimator (EDIE)
EDIE the EstimatorWhat is EDIE?
EDIE lets consumers and bankers know, on a per-bank basis, how the FDIC insurance rules and limits apply to a depositor’s specific group of deposit accounts—what’s insured and what portion (if any) exceeds coverage limits at that bank. EDIE also allows the user to print the report for their records. EDIE calculates the FDIC insurance coverage for Personal Accounts—deposits held by people in single accounts, joint accounts, POD/ITF accounts, living trust account, and Individual Retirement Accounts (IRAs); Business Accounts—deposits held by corporations, partnerships, and organizations, both for-profit and not-for-profit; and Government Accounts—deposits held by public units such as school districts, cities, municipalities, counties, and states.
EDIE can be used to calculate the FDIC insurance coverage of all types of deposit accounts offered by an FDIC-insured bank, including:
- Checking Accounts
- Savings Accounts (both statement and passbook)
- Money Market Deposit Accounts (MMDAs), and
- Certificates of Deposit (CDs)
To use EDIE, please visit https://edie.fdic.gov/calculator.html
EDIE should NOT be used for investments, including:
- Mutual Funds
- Stocks
- Bonds
- Annuities
- ANY investment that is not a deposit
Even if the above investments were purchased from an insured bank.