Fidelity Bank Direct is FDIC and DIF insured which means your money is safe here. Most “banks” offer FDIC insurance which insures your money up to $250,000. With the Depositor’s Insurance Fund, there is no cap on your safety at Fidelity Bank Direct. And, all of your money is 100% insured the minute it hits your account. No depositor has ever lost a penny in a bank insured by both the FDIC and the DIF.