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FDIC Transaction Account Guarantee |
| Haskell National Bank is participating in
the FDIC Transaction Account Guarantee Program.
Under that program, 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 accounts that may
earn interest, NOW accounts, money-market
deposit accounts, and Interest on Lawyers Trust
Accounts ("IOLTAs").
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