homeContact Us Calculators Online Banking
Retail BankingLocations and HoursCommercial LendingRecent TransactionsManagement TeamPrivacy Policy
 
 NOTICE OF CHANGES
IN TEMPORARY FDIC INSURANCE
COVERAGE FOR TRANSACTION ACCOUNTS


All funds in a ‘‘noninterest-bearing transaction account’’ are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC’s general deposit insurance rules.

The term
‘‘noninterest-bearing transaction account’’ includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts. and Interest on Lawyers Trust Accounts (‘‘IOLTAs’’).

For more information about temporary FDIC insurance coverage of transaction accounts, visit
www.fdic.gov.






How can I determine my current level of insurance coverage?
 

Calculate your insurance coverage using the FDIC's online Electronic Deposit Insurance Estimator (EDIE) at www.fdic.gov/edie.

 
Home  |  Contact Us |  Calculators |