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Notice of Changes in 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 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 traditional checking account or demand deposit account on which the insured depository 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 bear 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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Bank of The Valley-Bellwood                            Bank of The Valley-David City                Bank of The Valley-Platte Center

402-538-3025                                                                402-367-4334                                                     402-246-2015

                                                                                                                                                                                                              
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Last modified: 08/09/11