November 29th, 2012
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 depositor’s  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.

 
 
January 27th, 2011
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 a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, money-market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.

 

 

FOSTER BANK

 
 
   
       
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