Read this important letter from President and CEO, James M. Anthony.
When you bank with us, your deposits are fully insured, and fully protected.
Deposits over the FDIC insurance limit of $250,000 are fully insured by Martha's Vineyard Bank and the Depositors Insurance Fund (DIF) which means you get unlimited coverage that protects 100% of your deposits.
- DIF covers every penny above FDIC limits
Unlimited coverage means all your deposits are insured, with no dollar limit: savings accounts, checking and NOW accounts, certificates of deposit (CDs), and money market deposit accounts.
- Coverage is automatic
Depositors automatically receive this added insurance benefit at no cost whenever they make a deposit to a new or existing account at a DIF member bank – no application required.
- No residency requirements
Even part-time and seasonal residents can take advantage of DIF insurance, if they bank in Massachusetts with a DIF member bank like Martha’s Vineyard Bank.
Open a FULLY INSURED account.
Call (508) 556-9958 to open a business account.
Have a look at some frequently asked questions.