Are deposits and IRAs at ING DIRECT insured by the FDIC?
ING DIRECT is a federally chartered bank insured by the FDIC (Federal Deposit Insurance Corporation). We are registered with the FDIC under the name of ING Bank, fsb, located in Wilmington, DE. ING DIRECT’s FDIC certificate number is 35489. Deposits are insured by the FDIC for up to $250,000 per depositor. A single account is insured up to $250,000. Joint accounts are insured up to $250,000 for each individual on the account, equaling $500,000 in total. An individual with multiple accounts can be insured up to a total of $500,000. So for example, you have a single account as well as a joint account, you’ll be insured up to $250,000 for the single account and up to $250,000 per depositor on the joint account. IRA deposits at ING DIRECT are FDIC insured up to $250,000 per plan depositor. This includes all IRA Savings accounts and CDs combined within each Traditional and Roth Plan and is in addition to the $250,000 non-IRA FDIC insurance. To learn more about FDIC insurance, visit the offi
