Independent Farmers Bank
“Service since 1894”
Notice of Changes in
the Temporary FDIC Insurance
Coverage for
Transaction Accounts
All funds in a “noninterest-bearing
transaction 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 rules.
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 Trusts Accounts
("IOLTA's"). It does not
include other 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 .
The Independent Farmers
Bank’s website provides links to other web sites for convenience and
informational purposes only. Users
should be aware that when they select a third-party link on the Independent
Farmers Bank’s website, they will be accessing an external site and will be
leaving the Independent Farmers Bank’s site.
Linked sites are not under the control of our bank and as such, our bank
is not responsible for the contents of any linked site. Linked sites may have a
privacy policy different than that of Independent Farmers Bank; you should read
each site’s privacy policy before providing any personal information. Furthermore, linked third-party sites may
provide less security than the Independent Farmers Bank website. Independent Farmers Bank disclaims any
liability in regard to the information or data provided by these web sites to
persons or entities that use or access these sites, based on their reliance on
any information that is available through these websites.
Revised 05/27/2011