FDIC Transaction Account Guarantee ProgramBankFIRST ensures that your deposits are covered to the maximum extent possible. NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS:
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 a traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts. For additional information, please contact your local BankFIRST Financial Center location. To view an informational video on the various types of FDIC insured accounts, Click Here. |
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.