FDIC CoverageUnderstanding FDIC Insurance Information
At NCBT, we believe in our customers. Therefore, we want to provide you with the most up to date information available regarding the safety of your money.
The Bank* is a member of the FDIC (Federal Deposit Insurance Corporation). FDIC insurance covers funds in deposit accounts, including checking and savings accounts, money market deposit accounts and certificates of deposit (CDs).
The protection on these accounts has permanently increased from $100,000 to $250,000 per depositor.
The Bank* is participating in the FDIC's Transaction Account Guarantee Program.
Under the Transaction Account Guarantee Program, through December 31, 2010, all non-interest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under this program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.
For more information on FDIC coverage and how it affects your accounts, please stop by any NCBT location. You may also visit the FDIC’s website at www.FDIC.gov.
*North Carolina Bank and Trust (NCBT) is a Division of SCBT, N.A. SCBT, N.A., member FDIC, is chartered in the state of South Carolina as one bank and operates under multiple trade names. Divisions of SCBT, N.A. are not separately FDIC-insured banks. The FDIC coverage extended to deposit customers is that of one insured bank.
