| Part of the Dodd-Frank Wall Street Reform and Consumer Protection Act has increased the deposit insurance coverage limits permanently to $250,000. As part of that act, there is unlimited deposit insurance coverage for non-interest bearing transaction accounts through December 31, 2012. For more information please contact State Bank Financial or visit www.fdic.gov.
State Bank Financial is participating in the FDIC's Transaction Account Guarantee Program.
Under that program, through December 31, 2010, all NOW accounts earning .25% or less and all non-interest-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. |
