Is Sherburne State Bank FDIC insured?

Written by Admin | Last Updated: August 2026

Sherburne State Bank operates as a fully chartered commercial financial institution maintaining active membership with the Federal Deposit Insurance Corporation, ensuring that all eligible customer deposits are comprehensively protected up to the statutory maximum limit of two hundred fifty thousand dollars per depositor. This federal insurance coverage safeguards traditional consumer financial products, including standard checking accounts, savings deposits, money market accounts, and time-bound certificates of deposit, against unexpected banking failure contingencies.

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