After Bill and Jillian Deposited Nearly $30,000 in a Savings

After Bill and Jillian deposited nearly $30,000 in a savings account at Farmers National Bank, the bank failed and filed for bankruptcy. Because the Farmers National Bank participates in the FDIC, Bill and Jillian:

A) should be okay because their account is fully insured by the FDIC.
B) can recover up to $20,000, but they will probably lose the rest since their deposits exceed the maximum coverage offered by the FDIC.
C) will lose their savings because the FDIC only insures business deposits.
D) will be eligible to recover 80 percent of the value of their deposit, less a $2,500 deductible.