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NOTICE OF CHANGES IN TEMPORARY
FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS
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 also includes Interest on Lawyers Trust Accounts (“IOLTAs”). It does not
include other accounts, such as traditional checking or demand deposit
accounts that may earn interest, NOW accounts, and money-market deposit
accounts.
For more information about
temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.
Basic FDIC Insurance Coverage
Effective July 21, 2010, the current standard maximum deposit insurance amount is
permanently raised to $250,000.00. The FDIC insurance coverage limit
applies per depositor, per insured depository institution for each account
ownership category.
History and
Organization
Established in 1985, Golden Bank, N.A. (formerly Texas
First National Bank) has been growing steadily, building a strong
foundation and gaining a reputation as a partner in the community.
Golden Bank is large enough to provide a full range of products for your
banking needs. However, we are small enough to care about providing
you with personal attention every day.
To assist our customers, we have six convenient branch
locations; Bellaire Blvd
(Southwest Houston), FM 1960-Champions (Northwest Houston), Harwin Drive,
(Southwest, Houston) Sugar
Land, Richardson
and Plano, Texas.
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