The FDIC provides a six-month grace period after legal close during which deposits at both banks are treated as if they remain at separate institutions. This grace period extends through August 1, 2026. After August 1, 2026, total deposits between both banks will only be covered up to the FDIC limit of $250,000.

If you would like assistance reviewing your coverage options, our team can help. You may also contact the FDIC at 1877ASKFDIC.