FDIC Transaction Account Guarantee Program

NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS



Beginning January 1, 2013, the Transaction Account Guarantee Program (TAG) is over and non interest-bearing transaction accounts will no longer be insured separately from depositors' other accounts at the same bank. Instead, non interest-bearing transaction accounts will be added to any of a depositors other accounts in the applicable ownership category, and the aggregate balance insured up to at least the standard maximum deposit insurance amount of $250,000, per depositor ownership category, at each separately chartered bank.


For more information about FDIC insurance coverage visit www.fdic.gov or contact the branch at 805-965-5942.