Notice of Expiration of the Temporary Full FDIC Insurance Coverage For Noninterest-Bearing Transaction Accounts
By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor's accounts at an insured depository institution, including all noninterestbearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.
For more information regarding FDIC coverage of noninterest-bearing transaction accounts, please visit www.fdic.gov
Are you secure?
We want our customers to stay up-to-date on all the security threats that exist in today's world.
How we work
The Citizens State Bank utilizes some of the latest account access technologies available. Get in touch to find out more.