FDIC Transaction Account Guarantee (TAG) Program Coverage Extended!
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 Federal Deposit Insurance Corporation (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 is currently $250,000 per depositor until December 31, 2013.
At Sterling we are fully committed to ensuring the safety of our customers’ deposits, and providing you with the best banking services available.
What’s covered?
As a Sterling Savings Bank customer, you can choose from a variety of consumer and business accounts covered under the TAG program. Some examples are:
- Traditional non-interest bearing checking accounts
- Payment Processing Accounts
- Interest on Lawyers Trust Accounts (IOLTAs)
- Negotiable order of withdrawal accounts (NOW accounts) with interest rates no higher than 0.50 percent
Click here for a full list of Sterling accounts covered under the TAG program.
Want to learn more about FDIC Insurance?
For additional information on FDIC Insurance coverage please click here, contact your local Sterling branch or visit the following FDIC resources today:
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Read / view about FDIC insurance online at: |
*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. |
