NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE
COVERAGE FOR NONINTEREST-BEARING 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.
We will help you select a checking account that can help grow your financial dreams. Farmers Deposit Bank gladly provides FREE Internet Banking with Bill Pay, 24 Hour On Call Telephone Banking and direct deposit capabilities with all checking accounts. Read below to discover all the advantages of a Farmers Deposit Bank checking account.
Farmers Checking
No monthly service fee with $300 minimum daily balance.
Unlimited check writing
FREE ATM/ Debit Card
Monthly Image Statement
Farmers Advantage Checking
No minimum balance requirement
Unlimited check writing
FREE ATM/Debit Card
Monthly Image Statement
FREE wallet style checks
FREE stop payment
$10,000 to $30,000 accidental death insurance
Low monthly fee of $5 to $7
NOW Account
Earn interest, with a minimum daily balance of $1000
No monthly service fee with a $1000 minimum daily balance
Unlimited check writing
FREE ATM/Debit Card
Monthly Image Statement
Super NOW Account
Earn interest, with a minimum daily balance of $2,500
No monthly service fee with a $2,500 minimum daily balance
Unlimited check writing
FREE ATM/Debit Card
Monthly Image Statement
Elite Checking
For individual 50 years or older
FREE wallet style checks
No monthly service charge
Earn interest on balances of $1,000 and greater
Unlimited check writing
FREE ATM/Debit Card
Monthly Image Statement
Farmers E-Checking
Minimum Deposit to Open $100
No Monthly Service Fee
No Minimum Balance Requirement
Earn interest on balances greater than $1500
Free Online Banking & Bill Pay
Unlimited check writing
Free ATM / Debit Card
Monthly E-Statement required
Locations
775 North Wallace Wilkinson Blvd.
Liberty, KY 42539
606-787-0700
2959 Shorttown Road
Middleburg, KY 42541
606-787-7277
Hours
Monday - Thursday
8:00 am to 4:00 pm
Monday - Friday Liberty
Drive Tru open 8:00 - 5:00