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 the 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.

For more information about FDIC insurance coverage of noninterest-bearing transaction accounts, visit http://www.fdic.gov/deposit/deposits/unlimited/expiration.html

 

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 also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.

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

Mobile Banking
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The convenient and secure way to bank on the go

We have always been driven to make things better - now with smart technology like Mobile Banking. When you can handle all of your personal banking needs from just about anywhere, anytime, you have more freedom and flexibility.

Tallahassee Services
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Thomas County Federal now serving Tallahassee

Our great lending group is expanding to Tallahassee. Our dedication to helping businesses grow and prosper will follow us just down the road, along with over 80 years of experience in the local community.

The Online Education
Center

The Education Center
contains helpful and
informative tutorials on
a variety of topics.

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Personal Banking
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An array of personal and private banking services

Our main objectives are to provide affordable housing to the residents of Thomas County and the surrounding counties, and to furnish them with a safe environment in which to save their money with a competitive return.

Business Banking
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Helping local business thrive since the beginning

We are proud to support our business community by offering a variety of commercial loans with competitive interest rates. Let our expert loan officers help guide you and your business to success.

Our experts are here to help

Come see one of our friendly Savings and/or Loan Officers for more information and help with any of our services. Our local Thomasville office will be more than happy to serve you.