Online Banking

FDIC Insurance

All funds in a noninterest-bearing transaction (checking) account are insured in full by the Federal Deposit Insurance Corporation (FDIC) 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.  In a sweep arrangement that moves funds from a noninterest-bearing transaction account into another account that is interest-bearing, the funds in the resulting interest-bearing account would not be eligible for the temporary unlimited FDIC insurance, but continues to be insured to $250,000 by the FDIC.