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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 does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, money-market deposit accounts, and Interest on Lawyers Trust Accounts (“IOLTAs”).

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.

 

 

For 100 years, the families and businesses of Austin County have turned to the bank they can count on.  And while we're proud of that history, we're very excited about what the future holds for our community and our bank.  As we begin our next 100 years, you're going to see more and more exciting new products and services.  We live in an ever-changing world and we plan to be a leader in those changes.  But also be assured that we will never lose sight of the hometown, personal service that we are known for.  Sealy is growing and we're proud to be a part of the growth.  Come see for yourself what an independent, hometown bank can do for you.


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