FDIC deposit insurance temporarily increased from $100,000 to $250,000 per depositor on October 3, 2008 through December 31, 2013. All deposits above this amount are insured by the Share Insurance Fund of Massachusetts (SIF).

Everett Co-operative Bank is participating in the FDIC's Transaction Account Guarantee Program. Under this program, through June 30, 2010, all non-interest bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.