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Personal BankingChanges in Temporary FDIC Coverage
With recent new events and economic conditions, you may be concerned about the safety of your deposits.
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
Carter County Bank has consistently been rated as a top performing bank in Tennessee. Recently Carter County Bank was ranked in the Top 10 out of 182 banks headquartered in Tennessee in overall performance through June 2008 by Financial Management Consulting Group. |
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