FDIC Insurance
![FDIC-min FDIC](https://mydfsb.com/wp-content/uploads/2024/07/FDIC-min.png)
All of our deposit accounts are insured by the FDIC to the maximum amounts allowed by law based on account ownership.
Use this calculator to see if you are fully covered by the FDIC. www.fdic.gov/edie/calculator.html
Important Information About Procedures for Opening a New Account.
Dearborn Federal Savings Bank is a federally chartered mutual savings bank, and offers financial products and services for individuals or entities living or working in Dearborn and Dearborn Heights Michigan, and their surrounding communities.
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.
In all cases, protection of our customer’s identity and confidentiality is the Bank’s pledge to you.