Updated September 28, 2026
What is Federal Deposit Insurance Corporation (FDIC)?
In short
The Federal Deposit Insurance Corporation insures bank deposits, and insured banks publish the certificate number that names the institution.
The Federal Deposit Insurance Corporation (FDIC) insures deposits placed at member banks, and those banks publish their FDIC certificate number so customers can look the institution up. Discover lists 5649, Grasshopper Bank lists 59113 and the affinity bank group lists 29510. Check the certificate before opening an account, because it names the legal entity that holds the money. The same check applies to any bank you weigh up, and it says nothing about fees or the rate you earn.
Sources
- fdic.gov, checked September 26, 2026
- banks.data.fdic.gov, checked September 26, 2026
- banks.data.fdic.gov, checked September 26, 2026