FDIC Information
Federal Deposit Insurance Corporation (FDIC) permanently increased the insurance from $100,000 to $250,000 per depositor effective July 21, 2010. As an insured bank and FDIC member, First Banking Center is offering you the links below to important information related to the FDIC.
FDIC's Electronic Deposit Insurance Estimator
The Estimator (EDIE) can calculate your FDIC insurance coverage for each FDIC-insured bank where you have deposit accounts. EDIE allows you to print a report for each bank to see whether your deposits are within or exceed coverage limits.
The FDIC publishes practical articles on how to become a smarter, safer user of financial services. Each issue offers helpful hints, quick tips, and common-sense strategies to protect and stretch your hard-earned dollars.
This links directly to the FDIC home page.
Transaction Account Guarantee Program
First Banking Center is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31, 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. Click the link above for additional information and coverage on this program.
