FDIC Insurance Coverage has been permanently increased to $250,000 per depositor.
FDIC Insured
First Commercial Bank of Florida is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. "Noninterest-bearing transaction accounts" includes demand deposit checking accounts, Interest on Lawyers Trust Accounts (IOLTAs) and Negotiable Order of Withdrawal (NOW) accounts paying interest at or below 0.25 percent. 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.
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