We know that confidence in your bank is very important. That’s why BankDirect wants to ensure you that your accounts with BankDirect, a division of Texas Capital Bank, N.A., are FDIC insured for up to an aggregate of $100,000.00 and Individual Retirement Accounts (IRA’S) are insured separately for up to an aggregate of $250,000.00.

Since BankDirect is a division of Texas Capital Bank, N.A., any funds on deposit with BankDirect are aggregated towards the $100,000.00 FDIC insurance at Texas Capital Bank, N.A.

Individual Retirement Accounts (IRA’s) with BankDirect are aggregated towards the $250,000.00 FDIC insurance at Texas Capital Bank, N.A.

It is our responsibility to inform you of this limit if you happen to hold accounts at both institutions.

To verify the FDIC insurance of Texas Capital Bank, N.A., you can visit the official FDIC web site or go directly to this link on their site http://www.fdic.gov/search/index.html and search for Texas Capital Bank.

You can also call the FDIC consumer hotline at 1-800-934-FDIC (1-800-934-3342).