Deposit Insurance
Did you know that...
FDIC deposit insurance covers $250,000 per depositor, per insured bank, for each account ownership category. However, at Eagle Bank, as a member of the DIF (Depositors Insurance Fund - a private, industry-sponsored insurance fund), we go above and beyond by providing additional deposit insurance coverage above FDIC limits. Together, the two insurers make the guarantee that any member banks have full deposit insurance on their deposit accounts. Now that's safety and soundness you can depend on!
Click on the links below to learn more about FDIC deposit insurance coverage and estimate your coverage.
Regulatory Notices
- Reg GG: Unlawful Internet Gambling Enforcement Act
Notice to Eagle Bank commercial customers: In accordance with the requirements of the Unlawful Internet Gambling Enforcement Act of 2006 and Regulation GG, this notice is to inform you, as a commercial customer of Eagle Bank, that restricted transactions are prohibited from being processed through your account or relationship with our institution. Restricted transactions are transactions in which a person or business entity accepts credit, funds, instruments or other proceeds from another person or business entity in connection with unlawful Internet gambling.
By maintaining an account with our institution, you certify that you do not engage in Internet gambling and you agree to notify us if your account is ever used for Internet gambling of any kind, even if you believe the activity to be legal. If you do not, we may terminate your access to various payment methods or close your account.
- USA Patriot Act
In order to prevent the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver‘s license or other identifying documents.
