To give you, our valued customers, peace of mind that your money is safe and secure, Sterling Savings Bank is pleased to announce our participation in the FDIC Transaction Account Guarantee (TAG) Program* has been extended through June 30, 2010.
The TAG program guarantees full deposit coverage of non interest-bearing transaction accounts**, regardless of the dollar amount and is in addition to, and separate from, the standard FDIC insurance that was temporarily increased to $250,000 per depositor***.
At Sterling we are fully committed to ensuring the safety of our customers’ deposits, and providing you with the best banking services available.
FAQ about Transaction Account Guarantee Program
Sterling Transaction Account Guarantee Program Press Release
Want to learn more about FDIC Insurance?
For additional information on FDIC Insurance please contact your local Sterling branch or visit the following FDIC resources today:
Quick Links for Consumers & Communities
Insurance Basics
FDIC Call Center 877-ASK-FDIC (877-275-3342)
FAQ About Deposit Insurance
Electronic Deposit Insurance Estimator
*Under the FDIC Transaction Account Guarantee (TAG) program all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account through June 30, 2010. 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.
**Accounts covered by the FDIC Transaction Account Guarantee Program include Analyzed Business Checking, Analyzed Public Checking, IOLTA Checking, IRETA Checking, Correspondent Banking Checking, Business Free Checking, Business Premium Checking, Business Interest Checking, Analyzed Interest Checking, Primary Checking, NOW Checking, Checking Plus Interest, Option Checking, Relationship Checking, Senior Value Checking, Economy Checking, Free Checking, Select 50 Checking, 10 Point Checking, Power Checking, Power Plus Checking, Market Flex Checking, Health Savings Account Checking, Premium Checking, Advantage Checking, Employee Premium Checking, Consumer Free Checking, Consumer Interest Checking, Consumer Premium Checking, Public Funds Analyzed Interest Checking, Treasury Public NOW Checking and other eligible NOW checking accounts.
***Coverage on the FDIC Transaction Account Guarantee Program and temporary $250,000 increase will last through June 30, 2010.