News & Events

Latest News & Events

Changes in Overdraft Privilege
August 15, 2010
Effective August 15, 2010, regulatory changes have affected the way we handle overdrafts caused by ATM and everyday debit card transactions for consumer checking accounts.
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FDIC $250,000 Deposit Insurance Now Permanent
July 22, 2010
The FDIC reminded consumers that the signing of the Wall Street reform bill into law permanently increases the maximum deposit-insurance amount to $250,000. The agency encouraged depositors with questions about insurance coverage to use its Electronic Deposit Insurance Estimator or call (877) ASK-FDIC. Separately, the FDIC also released a news release noting that the additional coverage is retroactive to Jan. 1, 2008, and affects depositors at six banks that failed between that date and Oct. 3, 2008.

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