The FDIC deposit insurance increased from $100,000 to $250,000 per depositor permanently on July 21, 2010.
NOTICE OF CHANGES IN 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 “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.
Main Office:
Located at Morrison Plantation
106 Corporate Park Dr.
Mooresville, NC 704.662.7700
Mailing address:
Post Office Box 3546
Mooresville, NC 28117-3546
Huntersville Branch:
104 N. Statesville Road
Huntersville, NC
704.990.7200
Mailing address:
Post Office Box 652
Huntersville, NC 28070-0652
Hours of Operation:
Monday - Thursday
8:30 am - 5:00 pm
Friday
8:30 am - 6:00 pm
Saturday
9:00 am - 12:00 pm
Copyright 2008, blueharbor bank. All Rights Reserved. Privacy Policy. Site Design by