The DIF Insurance Difference

At Eagle Bank, your deposits are fully insured. No limits, no worries.

What does that mean?

Most banks insure your deposits through the FDIC, which covers up to $250,000 per depositor, per account type. At Eagle Bank, we go further.

We’re a member of the Depositors Insurance Fund (DIF) — a Massachusetts-based fund that fully insures all deposits above the FDIC limit. That means every penny you deposit with us is protected.

How it works

FDIC covers the first $250,000 of your deposits
DIF covers every dollar beyond that
There are no applications, no additional fees, and no action required by you
The coverage is automatic and free for all depositors

Why it matters

Whether you're a saver, a business owner, or managing family finances, knowing that your money is 100% protected helps bring peace of mind. This level of protection is not offered at all banks. This coverage is a commitment to your financial security.

DIF FAQs

Q: Is DIF the same as FDIC?
No. The FDIC is a federal program; DIF is a separate, Massachusetts-based fund that kicks in after FDIC coverage is maxed out.

Q: Do I have to sign up for DIF coverage?
No. If you bank with us, you're automatically covered.

Q: Does this apply to business and personal accounts?
Yes. All deposit types at Eagle Bank are covered.

Q: Do I have to live in Massachusetts for this coverage?
No. As long as your deposits are held at Eagle Bank, they are fully insured — no matter where you live.