Home | About Us | Contact Us | Community | Consumer Credit Center

NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE
COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS

By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositorís accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.

For more information about FDIC insurance coverage of noninterest-bearing transaction accounts, visit www.fdic.gov/deposit/deposits/unlimited/expiration.html.



 Back To Top 


FDIC
The Cottonport Bank
Home | Privacy Statement | Terms of Use | USA Patriot Act Information
Loans | Checking | Check Reordering Online | Savings & Time Deposits
Individual Retirement Accounts | Convenient Services | Current Rates
Online Banking | Financial Tools | About Us | Insurance Agency
Check 21 | Investments | Armored Truck Service | Disclaimer / Privacy
Community | News, Weather, Sports | Consumer Credit Center

Equal Housing Lender
NOTICE: The Cottonport Bank is not responsible for and has no control over the subject matter, content, information, or graphics of the web sites that have links here. The portal and news features are being provided by an outside source - The bank is not responsible for the content. Please contact us with any concerns or comments.