FDIC Insurance Coverage Increase

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On October 3, 2008, FDIC deposit insurance temporarily increased from $100,000 to $250,000 per depositor through December 31, 2009.

In addition, the FDIC has simplified its rules for insurance coverage of revocable trust deposits, effective September 26, 2008.

The new rules provide at least the same coverage as the former rules. To view the new rules, go to www.fdic.gov/regulations/laws/federal/2008/08sep26rule.html.

* As of October 14, 2008, all non-interest bearing transaction deposit accounts at an FDIC-insured institution, including all personal and business checking deposit accounts that do not earn interest, are fully insured for the entire amount in the deposit account. This unlimited insurance coverage is temporary and will remain in effect for participating institutions until December 31, 2009.

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