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Community Bank of Northern Wisconsin is participating in the FDIC’s Transaction Account Guarantee Program. Under that program, through June 30, 2010, all noninterest –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.
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The standard
insurance amount of $250,000 per depositor is in effect through
December 31, 2013. On January 1, 2014, the standard
insurance amount will return to $100,000 per depositor for all
account categories except IRAs and other certain retirement
accounts, which will remain at $250,000 per depositor.
Summary of Deposit Insurance Coverage
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