How Your Deposits Are Insured

"Not one penny of insured savings has ever been lost by a customer or a federally insured bank." -- FDIC

As a federal insured financial institution, OmniAmerican Bank can assure you that your accounts are backed by the full faith and credit of the United States government in accordance with the guidelines of the FDIC up to $100,000. Balances up to $250,000 in certain retirement accounts, such as IRAs, are also covered by the FDIC insurance. Additional coverage may be available based on how your deposit accounts are structured.

For more information about how the FDIC insures your deposits and how to maximize your coverage, please click on the links posted below:

How Your Deposits Are Insured – This brochure includes a table to help you understand the ways you can maximize your insurance coverage.

Bank Safety & You - This brochure provides information about the safety and security of your savings with Federally insured banks and savings institutions.

OmniAmerican offers additional protection through the Certificate of Deposit Account Registry Service (CDARS). CDARS® is the most convenient way to enjoy full FDIC insurance on deposits of up to $50 million. With CDARS, you sign one agreement with OmniAmerican Bank, earn one interest rate, and receive one regular statement. It's that easy.

CDARS is the perfect solution for many depositors — from non-profits and public funds to businesses, advisors (including trustees, CPAs, financial planners and lawyers) and individuals, as well as socially-motivated investors.

For more information about how CDARS works, please click on the links posted below:

• CDARS Informational Video
• CDARS Website