At Community First Bank, it is our goal to offer high-quality banking products and services with a personal touch. With all local management, we work diligently to support and grow our community, not just through our banking services, but also through community involvement and by supporting our local businesses and non-for-profits. Our dedication extends beyond the walls of Community First.
We would like to remind our customers of the variety of email phishing scams that are continually in the works. Please always be cautious when receiving emails “appearing” to be from the bank. If the incoming email is something you have not received from the bank in the past, please call to verify the validity of the email. It is not our practice to request personal account information via email.
The FDIC has received numerous reports of consumers who received an email that has the appearance of being sent from the FDIC. This is an fraudulent email. Read the full FDIC Special Alert here.
NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS:
Beginning December 31, 2010
All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.
The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, money-market deposit accounts, and Interest on Lawyers Trust Accounts ("ITOLTAs").
For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.
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