Other
Products & Services (Direct Deposit, Overdraft & Pre-Payday
products)
First Federal Savings Bank is participating in the FDIC’s
Transaction Account Guarantee Program.
Under that program, through December 31, 2009, all noninterest-bearing
transaction accounts, which includes NOW accounts earning an interest
rate of .50% or less through 2009, 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.
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