Important Information

Current Notifications


NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS
Effective January 1, 2013

By operation of the federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor’s accounts at an insured depository institution , including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.

For more information about FDIC insurance coverage of noninterest-bearing transaction accounts, visit http://www.fdic.gov/deposit/deposits/unlimited/expiration.html.


 

NOTICE TO COMMERCIAL CUSTOMERS OF THE
PROHIBITION AGAINST TRANSACTIONS RESTRICTED UNDER THE UNLAWFUL
INTERNET GAMBLING ENFORCEMENT ACT OF 2006 AND REGULATION GG

To Commercial Customers:

Certain transactions are prohibited from being processed through your account or other relationship with this Institution under the Unlawful Internet Gambling Enforcement Act of 2006 ("Act") and related regulations that have been issued by the Board of Governors of the Federal Reserve System and the United States Department Of The Treasury ("Regulation GG"). The Institution is also required by the Act and Regulation GG to inform its commercial customers of this restriction.

The transactions which are prohibited are the following transactions or transmittals involving any credit, funds, instrument or proceeds that the Act prohibits any person engaged in the business of betting or wagering (except for the activities of a financial transaction provider, or any interactive computer service or telecommunications service) from knowingly accepting, in connection with the participation of another person in unlawful Internet gambling:

(1) Credit, or the proceeds of credit, extended to or on behalf of such person (including credit extended through the use of a credit card);

(2) An electronic fund transfer, or funds transmitted by or through a money transmitting business, or the proceeds of an electronic fund transfer or money transmitting service, from or on behalf of such other person; and

(3) Any check, draft, or similar instrument that is drawn by or on behalf of such other person and is drawn on or payable at or through any financial institution.

Internet gambling will generally be deemed to be unlawful unless it is expressly authorized by license issued by an appropriate State or Tribal authority. Please contact us if you have any questions.

Previous Notifications


2010
11/23/2010 Notice of Changes in Temporary FDIC Insurance Coverage for Transaction Accounts
05/20/2010 New Overdraft Rules for ATM/Debit Cards
Ongoing Fraud Alert - Phishing Scams