Notice of Expiration of the Temporary FDIC Insurance Coverage
Changes Apply to Non- Interest Bearing Transaction Accounts
Beginning on January 1, 2013, funds deposited in a non- interest bearing transaction account (including an Interest on Lawyer Trust Account or IOLTA) no longer will receive unlimited deposit insurance coverage by the FDIC.
Beginning on this date, all of your accounts at Fidelity Bank, including all non-interest 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 temporary FDIC insurance coverage of transaction accounts or FDIC insurance coverage, you may vist www.fdic.gov.
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