Notice of Changes in FDIC Insurance - Empire National Bank

WHAT OTHERS HAVE TO SAY ABOUT US...

"For both my personal and business financial needs, Empire is my bank. I wouldn’t think twice about recommending my clients to the bank."

Diana Draizen
M&M Business Services, Inc.

Notice of Changes in FDIC Insurance

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.