FDIC NOTICE
Your deposits are safe at Alabama Trust Bank. The standard deposit insurance amount per depositor is $250,000. Temporary Unlimited FDIC insurance coverage for non-interest bearing accounts is available through December 31, 2012, under the Federal Deposit Insurance Act as amended by the Dodd-Frank Wall Street Reform and Consumer Protection Act.
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
for more information.
