Your qualified deposits are protected by the FDIC
You can have peace of mind knowing that your qualified deposit money is safe at Principal Bank. We are insured by the Federal Deposit Insurance Corporation (FDIC)--an independent agency of the United States government that protects you against the loss of your qualified deposits if an FDIC-insured bank fails. Since the start of the FDIC in 1933, no insured depositor has ever lost a penny of insured deposits.
FDIC insurance covers your qualified deposits, dollar for dollar, including principal and any accrued interest, up to $250,000 per depositor.
If you have questions, please call the Principal Bank Customer Center at 1.800.672.3343.