Banking with Fayette Savings
Fayette Savings Bank was founded in 1978 by local folks who believed that a strong conservative bank could serve our community’s needs, without outside help. Over the years they have been proven right. Even in today’s unsettling financial times, Fayette Savings Bank is still in the business of making home loans, refinancing of mortgages, business and agricultural loans, helping with money for college, and car and truck loans.
Whether it’s opening a checking or savings account, arranging for a loan, or setting up a convenient internet banking account, Fayette Savings Bank offers a wide variety of banking products.
Neighbors helping Neighbors
That’s how we do business in central Texas, and that’s how we do business at Fayette Savings Bank; conveniently located in La Grange, Flatonia, Schulenburg, and Columbus.
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.
For more information about FDIC insurance coverage of noninterest-bearing transaction accounts, visit www.fdic.gov/deposit/deposits/unlimited/expiration.html.