News & Alerts

Transaction Account Guarantee Program

The Peoples Community Bank is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31, 2012, all noninterest-bearing transaction 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.

The maximum level of insurable deposits has been increased from $100,000 to $250,000 of deposits. Deposits at FDIC-Insured institutions are insured up to at least $250,000 per depositor and is now permanent.

For more information, please visit www.myFDICinsurance.gov.