FDIC Insurance
Deposit accounts at First State Bank & Trust are insured by the
Federal Deposit Insurance Corporation. The basic insurance amount is
$100,000 per depositor per insured bank. FDIC deposit insurance
under the FDIC’s general deposit insurance rules has been
temporarily increased from $100,000 to $250,000 per depositor
through December 31, 2013.
First State Bank & Trust is participating in the FDIC's Transaction
Account Guarantee Program. Under that program, through June 30,
2010, all non interest-bearing transaction accounts are fully
guaranteed by the FDIC for the entire amount in the account.
Coverage under the Transaction Account Guarantee Program is in
addition to and separate from the coverage available under the
FDIC's general deposit insurance rules.
Certain retirement accounts, such as Individual Retirement
Accounts, are insured up to $250,000 per depositor per insured bank.
You can increase your personal FDIC insurance coverage with proper
structuring of accounts (i.e. joint tenants, trust, payable on death
accounts, etc.). Ask a personal banker for more information.
You may also click below to learn more about deposit insurance and
to estimate your level of insurance using EDIE, the Electronic
Deposit Insurance Estimator.
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