07.13.10 Christine Linford Joins Bank More
07.08.10 Mickie Levenson Joins Commercial Lending Team More
02.25.10 Bank Supports Arts Education More
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Our institution has elected to participate in the FDIC's Transaction Account Guarantee Program. Under that program, though December 31, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules. The rule requires that interest rates on qualifying accounts offered by banks participating in the program be reduced to 0.25 percent.
FDIC Deposit Insurance has been permanently increased to $250,000 per depositor