As scheduled, the unlimited insurance coverage for noninterest-bearing transaction accounts provided under the Dodd-Frank Wall Street Reform and Consumer Protection Act expired on December 31, 2012. Deposits held in noninterest-bearing transaction account are now aggregated with any interest-bearing deposits the owner may hold in the same ownership category, and the combined total insured up to at least $250,000.
Attempts to defraud are on the rise. First Neighborhood Bank will not ask for personal information through email or by phone. If you have any questions about whether a call or email is valid, please call one of our offices immediately.
Paper savings bonds will no longer be sold at financial institutions after December 31, 2011. But they’re not going away — electronic savings bonds can be purchased online through TreasuryDirect. Read more…
We want to be your bank!
Give us a call or send us an email today to find out
all the many ways we can help you.