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What's New
From the FDIC
Important Enhancement to FDIC Insurance
April 1, 2010Effective through December 31, 2010
Summit Bank is participating in the FDIC's Transaction Account Guarantee Program under which all non-interest bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under this Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.