FDIC Cautions Customers That FDIConnect.com Is Not Affiliated With a Government Agency and Should Not Be Confused With FDICconnect.gov — 2019-06-13

The Federal Deposit Insurance Corporation (FDIC) advises bank customers on the potential for confusion between FDIConnect.com and the FDIC-run website, FDICconnect.gov. The FDIC is aware of the website FDIConnect.com, which advertises itself as a consumer-focused provider of FDIC pass-through insurance for bank deposits. The public should be advised that FDIConnect.com is not affiliated with the FDIC. A similar warning was recently issued by the California Department of Business Oversight. FDICconnect.gov is a secure electronic portal for the FDIC to connect with financial institutions – not with individual bank customers. Through FDICconnect.gov, bankers can download official FDIC correspondence and conduct secure file exchanges with the FDIC. The FDIC recommends that bank customers do their due diligence to confirm that a financial institution is FDIC-insured before doing business with the institution.