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FDIC-Insured – Backed by the full faith and credit of the U.S. Government.
Depositors Insurance Fund (DIF) insures all deposit amounts over FDIC limits.
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  • March 10, 2023

Your Deposits are Insured in Full

Your Deposits are Insured in Full

Recent news regarding the banking industry and the resulting market volatility has been understandably disconcerting. I would like to assure you that your deposits at Winchester Co-operative Bank remain safe and fully insured through the combined coverage of the FDIC and the Depositors Insurance Fund (DIF). Winchester Co-operative Bank has been a trusted business partner to families and businesses in the local community for 130 years. Our commitment to sound community-based banking practices has allowed us to remain a strong financial partner through the many economic cycles since our founding in 1893.

Our business model is markedly different than the institutions that have been the subject of recent FDIC actions. Your community bank is supported by a strong capital position, conservative balance sheet management, and a fully-insured, diverse deposit base. Our experienced leadership team is well-prepared to support your financial needs well into the future.

Winchester Co-operative Bank is a proud member of the Depositors Insurance Fund (DIF).

DIF provides coverage of deposits in excess of the FDIC insurance limits. The combination of FDIC and DIF insurance provides our customers with full deposit insurance coverage for all of your accounts held at Winchester Co-operative Bank. The DIF has been insuring deposits since 1934. No depositor has ever lost a penny in a bank insured by both the FDIC and the DIF. More information can be found at the FDIC and DIF websites.

Thank you for choosing to bank with Winchester Co-operative Bank.  

We remain committed to supporting your financial needs. Please reach out to one of our Deposit Specialists in Winchester or Woburn or call us at 781-729-3620 with any questions.

Best Regards,

Mark H. Kellett
President & CEO

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Winchester Co-operative Bank
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Founded in 1893, Winchester Co-operative Bank is a mutually owned, state-chartered, co-operative bank dedicated to meeting the financial needs of individuals, families, and businesses in Winchester, Woburn, and surrounding communities.

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19 Church Street
Winchester, MA 01890
(781) 729-3620

Routing # 211371573

Equal Housing Lender

Member FDIC
Member DIF
NMLS# 466036

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