Are Your Deposits Covered?

Consumers often seek help from their bank or the  FDIC with questions relating to their bank accounts.

Do I have to provide personal information if I use the FDIC’s online deposit insurance calculator to find out if my deposits are fully covered?

“No. ‘EDIE,’ the FDIC’s Electronic Deposit Insurance Estimator, does not need personal identification information such as your actual name, Social Security number or account number,” said Martin Becker, Chief of the FDIC’s Deposit Insurance Section. “EDIE is a site that can help you confidentially calculate your deposit insurance coverage.”

For an accurate analysis of your insurance coverage, though, you will need to list account owners or beneficiaries, but you can type in aliases like Jane Doe or Child #1. Also enter information such as the type of account and the dollar amount to reflect your bank accounts correctly. You can use hypothetical amounts if you want to explore opening new accounts or adding to existing account balances. And when you’re done, EDIE doesn’t store any of the details you key in, nor can it track users.

To use EDIE, go to You can speak with an expert to discuss your FDIC deposit insurance coverage by calling 1-877-ASK-FDIC (1-877-275-3342).

You can also talk to a Union State Bank personal banker to discuss the best way to title your accounts to ensure that you do not exceed FDIC insurance coverage.  Each accountholder is insured to $250,000.

About Union State Bank

Honesty, integrity, commitment; hometown values that are our way of doing business. At Union State Bank our mission is to be the preferred, locally owned bank committed to providing exceptional service to achieve long lasting customer relationships. The Union State Bank has been serving the banking needs of our community since 1911, when the Farmers and Merchants State Bank was formed in Kewaunee, Wisconsin. The Bank’s slogan was "A Bank of the People, By the People and For the People - A Bank For All The People," and invited the community "if you are not a customer, become one, and we assure you that your interests will be protected in every legitimate manner." In 1934 the Farmers and Merchants State Bank consolidated with the Dairyman’s State Bank, which was located across the street, and the Union State Bank was formed. It was reported in the local paper that "The union of two banks is particularly for the benefit of depositors. All the experience, ability and training gained through many years of banking service is combined here primarily for your protection. The confidence that has been cultivated over past years is now being strengthened." We have continued to grow through the years, and slogans used include "Union State Bank, where rail and water meet" and "Union State Bank, the bank and a half, we give you our all and then some." We currently have four locations. We have two offices located in Kewaunee, Wisconsin which is along the shores of Lake Michigan, approximately 20 miles east of Green Bay. We also have an office in Green Bay, Wisconsin and an office in Two Rivers, Wisconsin. Our main office is located at 223 Ellis Street in Kewaunee. Our second Kewaunee location was established in 1996 and is in the Piggly Wiggly grocery store. Our Green Bay office was established in 1987 and in September of 1999 we completed an addition to that location. In April 2004 we opened our office in Two Rivers. Originally situated inside the Pick 'n Save grocery store, the Two Rivers office was relocated to a brand new building at 2221 Lincoln Avenue on April 21, 2009. We have certainly grown and changed over years, but one thing remains constant - our commitment to our customers. We are proud to be the only independent bank in Kewaunee, which allows us the ability to offer a wide array of services that are designed to meet the individual needs of our customers. We offer full-service banking from an experienced, dedicated staff of full-time employees. We still believe in the "personal touch," and enjoy getting to know our customers. Even though we are a small, locally owned bank, we offer the latest in technology services, including our website and 24-hour account access via our "Union Access" line. We are proud of our long history of high-quality, personalized service, and invite you to become a customer of Union State Bank. See how "We Make the Difference" for you.
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