News and Promotions
October 11, 2011
BIG CHANGES FOR U.S. SAVINGS BONDS
U.S. Savings Bonds are going paperless! No more paper savings bonds through financial institutions or mail order after December 31, 2011. Buy and manage savings bonds electronically through TreasureDirect.
Sign up for an account today at www.treasurydirect.gov
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July 21, 2010
NEW BASIC FDIC DEPOSIT INSURANCE COVERAGE LIMITS
On July 21, 2010, FDIC deposit insurance permanently increased to $250,000 per depositor.
Single Accounts: $250,000 per owner
Joint Accounts: $250,000 per co-owner
IRAs & certain other retirement accounts: $250,000 per owner
Trust Accounts: $250,000 per owner per beneficiary subject to specific limitations and requirements
Corporate Accounts: $250,000 total
Stop in to visit us and find out how you can increase your coverage by using multiple accounts.
Frontier Bank is now participating in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31, 2012, all noninterest-bearing transaction 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.
For complete information regarding the FDIC insurance coverage increases, visit www.fdic.gov or call toll free 1-877-ASK-FDIC (1-877-275-3342)
To calculate insurance coverage using the FDIC's online Electronic Deposit Insurance Estimator visit fdic.gov/edie
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