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Friday, May 18, 2012    
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 Planning to travel abroad? Minimize
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If you are traveling outside of the United States and planning on using your debit card, please contact our checking department before leaving on your trip.  We are experiencing a large amount of debit card fraud in foreign countries and have limited debit card usage in those countries.


  

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.





Watch a video about Marathon Savings Bank!

 

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A word from our president, Robert Brooks...

  

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AND

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