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Deposits at FDIC-insured institutions are now insured up to at least $250,000 per depositor. FDIC has created an interactive tool to help consumers determine if their deposit accounts at FDIC insured institutions are fully insured. Calculate your insured funds with “FDIC-EDIE The Estimator”. If you have any other questions regarding FDIC coverage limits and requirements call toll-free 1-877-ASK-FDIC, or ask a customer service representative. 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 traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts. For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov. |
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