FDIC Information

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 also includes Interest on Lawyers Trust Accounts ("IOLTAs").  It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, money-market deposit accounts.

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

FDIC INSURANCE COVERAGE BASICS

The FDIC - short for the Federal Deposit Insurance Corporation - is an independent agency of the United States government. The FDIC protects depositors of insured banks located in the United States against the loss of their deposits if an insured bank fails.

FDIC insurance is backed by the full faith and credit of the United States government.  Since the FDIC began operation in 1934, no depositor has ever lost a penny of FDIC - insured deposits.

Like any type of insurance, you must understand how it works and stay within the coverage limits in order to be fully protected.  The standard deposit insurance amount is $250,000 per depositor, per insured bank, for each account ownership category.

Read more about FDIC insurance at www.fdic.gov/deposit .

Calculate insurance coverage using the FDIC's online Electronic Deposit Insurance Estimator EDIE.  To save time, have with you a list of your deposit accounts at your bank and the amount you have in each account.  If you have joint accounts, or trust accounts that name beneficiaries, have those names, too.

Enter your information into EDIE.  It's secure. In just a few moments, you will know if you are safely within the FDIC coverage limits.  If not, EDIE can guide you to information that will help you.  If you do not have online access call toll-free 1-877-ASK-FDIC (1-877-275-3342) for assistance.

Ask Edie (FDIC Insurance): http://www2.fdic.gov/edie