WARNING: Sometimes unscrupulous people attempt to get personal or private financial information from our customers by claiming to be Citizens Bank or even a government agency. We urge you to be extremely careful. Please know that this Bank will NOT ask for any personal or private information over the telephone or internet. We will never ask you to send personal or confidential information via email.
NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE
COVERAGE FOR TRANSACTION ACCOUNTS
All funds in a
“noninterest-bearing transaction account” are insured in full
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.
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
such as traditional checking or demand deposit accounts that
interest, NOW accounts, money-market deposit accounts, and
Interest on Lawyers Trust Accounts ("IOLTAs").
For more information
about temporary FDIC insurance coverage of
transaction accounts, visit