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FDIC Insurance coverage has been increased through December 31, 2009 at 1st Source Bank*.
Checking Account Customers:
All non-interest bearing transaction accounts are fully guaranteed for the entire amount in the account. In addition, transaction accounts paying up to 0.50% interest are fully guaranteed.
Basic FDIC Deposit Insurance Coverage Limits:
| Single Accounts (Owned by One Person) |
$250,000 per Person |
| Joint Accounts (Your Portion of Any Joint Accounts) |
$250,000 per Person |
| IRAs and certain other Retirement Accounts |
$250,000 per Person |
| POD & Revocable Trust Account |
$250,000 per Beneficiary |
| Corporations, Partnerships, and Unincorporated Associations |
$250,000 per Entity |
| Government Accounts |
$250,000 per Official Custodian |
| Non-Interest Bearing Transaction Accounts |
Unlimited Coverage |
| Transaction Accounts paying up to 0.50% Interest |
Unlimited Coverage |
*FDIC Insurance Increased beyond basic limits through the Emergency Economic Stabilization Act and 1st Source Bank’s participation in the FDIC Transaction Account Guarantee Program.
Calculate your FDIC insurance coverage for each FDIC-insured bank where you have deposit accounts.
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