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Check out this article: <b>Depositors Insurance Fund (DIF) Provides Protection to Funds to $1 Million for Some Massachusetts Savings Banks</b><br /><br />https://www.bestcashcow.com/articles/Depositors+Insurance+Fund+%28DIF%29+Provides+Protection+to+Funds+to+%241+Million+for+Some+Massachusetts+Savings+Banks-6531<br /><br />Many Massachusetts savings banks have additional insurance for deposit amounts to $1 Million from the Depositors Insurance Fund (DIF). Chartered in 1934, no depositor has ever lost a penny in a bank insured by both the FDIC and the DIF. <a href="https://www.bestcashcow.com/articles/Depositors+Insurance+Fund+%28DIF%29+Provides+Protection+to+Funds+to+%241+Million+for+Some+Massachusetts+Savings+Banks-6531">Read More</a>
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