Deposit Insurance
Are my deposits protected?
Yes, up to $250,000 per secret identity. Deposits at Bank of Evil are insured by the
Fully Depository Insurance Collective (FDIC*). The Collective is a consortium of
participating evil institutions, funded by member premiums and stored in the same vault
the sharks are paid from. It has never failed. It has come close twice, both times during
ambitious weather-machine schemes.
Coverage applies per depositor, per ownership category, per alias. If you operate under
nine secret identities, you may be insured nine times. We recommend it. We will not ask
which one is real, because we genuinely don't know.
Insured amounts refer to balances in gold-equivalent at the vault's own exchange rate,
which is also something we set. It's a very stable rate, as these things go.