FDIC Deposit Insurance
The Palladian PrivateBank is a division of The PrivateBank and Trust Company. Funds deposited into accounts opened through The Palladian PrivateBank are held at The PrivateBank and Trust Company and aggregated with funds deposited directly with The PrivateBank and Trust Company for Federal Deposit Insurance Corporation (“FDIC”) insurance coverage purposes. Funds deposits through The Palladian PrivateBank do not carry separate FDIC Insurance from deposits held at The PrivateBank and Trust Company.
Your deposits are insured up to the applicable limits under the FDIC insurance coverage rules based on the category of account ownership. More information and tools to determine federal deposit insurance coverage can be obtained from the FDIC on its website at www.fdic.gov or by calling (877) ASK-FDIC or (800) 925-4618 for the hearing impaired.