Julie Bartnik, SVP, Treasury Management
In an ever-changing financial landscape, protecting your money is paramount. At Waterford Bank, N.A., we strive to give you peace of mind. We can help keep your deposits safe with Deposit Insurance Coverage.
FDIC Deposit Insurance Coverage
Waterford is an FDIC-insured bank, meaning your money is protected, even in the unlikely event of a bank failure. When you open a deposit account with us, you are automatically covered.

Bank with confidence knowing your money is safe at Waterford Bank, N.A. because it is insured by the Federal Deposit Insurance Corp. (FDIC). The FDIC insures deposits up to $250,000 per depositor per account ownership category.
The standard insurance amount through the FDIC is $250,000 per depositor per account ownership category. Ownership categories refer to the way your funds are held at the bank, and they determine the amount of FDIC insurance coverage you may be entitled to. Some examples include:
- Single account
- Certain retirement accounts
- Joint account
- Revocable trust account
- Irrevocable trust account
- Employee Benefit Plan account
- Corporation, partnership, or unincorporated association account
- Government account
FDIC insurance covers certain deposit products like checking accounts, savings accounts, money market deposit accounts, certificates of deposit (CD), and prepaid cards that meet FDIC requirements. However, it’s important to note that not all products offered by banks are covered by FDIC insurance. Click here to learn more about FDIC coverage.
IntraFi Cash Service (ICS) Deposit Insurance Coverage
For customers with deposits exceeding the $250,000 threshold for FDIC coverage, Waterford also offers ICS.
As members of the IntraFi network, when we place your deposit through ICS, that deposit is divided into amounts under the standard FDIC maximum of $250,000. The amounts are then placed into deposit accounts at multiple FDIC-insured banks, giving you access to FDIC coverage from several institutions, while you work directly with just us.
You’ll receive one statement from one bank, and access key details about your accounts online 24/7, knowing your confidential information is protected. By working with us, a bank you know and trust, you’ll have access to FDIC insurance up to $150 million.
Next Steps
Our Treasury Management Team has been providing personalized service and time-saving products to customers since 2007. Unlike many bigger banks who make clients call an 800 number for assistance, Waterford Bank gives our clients a single source of contact for all their Treasury Management needs.

Our Treasury Management Team is behind our customers every step of the way with expert guidance, streamlined solutions, and a broad palette of products and programs – including Same Day ACH Origination, Remote Deposit Capture, and world-class fraud prevention tools.
Whether you’re looking for convenience, with services like business credit cards, or more robust products like deposit insurance coverage, we have the tools and talents to help support you.
Have questions? We’re always ready to help. To start your journey with a dedicated professional, contact our Treasury Management team or explore what other services we have to offer.
About the Author

Julie Bartnik is a seasoned Treasury Management Professional, who has spent the last 45 years in the financial industry. At Waterford, she serves as the Senior Vice President of Treasury Management, where she helps business customers optimize their cash flows, maintain liquidity, manage risk, and operate their day-to-day finances more efficiently. If you’d like to connect with Julie or learn more about Treasury Management please contact us here.