NEW FDIC Insurance Information
May 22, 2009, FDIC deposit insurance temporarily increased from $100,000 to $250,000 per depositor through December 31, 2013.
Amarillo National Bank is participating in the FDIC’s Transaction Account Guarantee Program. Under that program, through June 30, 2010, all noninterest-bearing checking accounts are fully guaranteed by the FDIC for the entire amount in the account. 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. Amarillo National Bank also offers NOW accounts that do not qualify as noninterest-bearing checking accounts under the program because we do not wish to limit the interest our customers can earn on their accounts through June 30, 2010.
