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Community Bank of the South
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Temporary Liquidity Guarantee Program Community Bank of the South has elected to participate in the FDIC’s Transaction Account Guarantee Program. Under that program, through December 31, 2013, all non-interest bearing transaction and IOLTA accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules.
FDIC insurance has temporarily been increased from $100,000 to $250,000 per depositor through December 31, 2013. |