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Revocation of Unlimited FDIC Insurance

By operation of federal law, beginning
January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor’s accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.

For more information about FDIC insurance coverage for non-interest-bearing transaction accounts, please visit the following website at https://www.fdic.gov/deposit/deposits/

The Peoples Bank, Main Office
P.O. Box 151
103 E. Wiggin Street
Gambier, Ohio 43022
Phone:  740-427-2101
Fax:  740-427-3106

The Peoples Bank, Mount Vernon Branch
11423 Upper Gilchrist Road
Mount Vernon, Ohio 43050
Phone:  740-397-7922
Fax:  740-397-6682

NMLS: 641250
All Rights Reserved.