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NOTICE OF CHANGES IN THE 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 "noninsterest-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.
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CONSUMER COMPLAINT PROCEDURES
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Fayette Savings Bank, ssb is chartered under the laws of the State of Texas and by state law is subject to regulatory oversight by the Texas Department of Savings & Mortgage Lending. Any consumer wishing to file a complaint against Fayette Savings Bank, ssb should contact the Texas Department of Savings and Mortgage Lending through one of the following means: In Person or by U.S. Mail: 2601 N Lamar, Suite 201, Austin, TX 78705-4294, Tel. 877.276.5550, Fax 512.936.2003, Email:smlinfo@sml.texas.gov , Website: www.sml.texas.gov |
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