With DIF Insurance, Your Money Sleeps Fully Protected
No depositor has ever lost a penny in a bank insured by both the FDIC and the DIF. Your money will always be safe with us.
As a member of both the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF), we provide full insurance for our customers’ deposits and accrued interest without limit or exception.
Each depositor is insured by the FDIC to at least $250,000. All deposits above the FDIC insurance amount are insured by the Depositors Insurance Fund (DIF). So rest assured, 100% of your money is safe with us!
What is the DIF?
The DIF is a private, industry-sponsored excess deposit insurance company. Created by a special act of the Massachusetts legislature in 1932, the DIF began operations as a primary insurer in 1934. Today, the DIF insures all deposits in its member banks that are in excess of the FDIC limits.
“At Greenfield Co-op, your financial security is our top priority. That’s why your deposits are insured by both the FDIC and the DIF. This two-tiered system offers an extra layer of protection for your hard-earned money, exceeding the standard coverage and providing you with ultimate peace of mind.”
Tony Worden, President & CEO
Stability you can count on
Greenfield Cooperative Bank currently holds a 5.0 BauerFinancial Rating as of March 2026. This “5-Star” designation is the highest rating award by BauerFinancial indicating the institution is considered “Superior” in terms of financial strength and stability.
We’re proud to be one of only 12 banks in Massachusetts and the only bank in Western Massachusetts to achieve Veribanc’s Blue Ribbon Bank® Commendation of Excellence top rating of Green with 3 Stars & Double Blue Ribbon!