FDIC Deposit Insurance Information

Here’s your chance to get your Village Bank savings back on track.

Village Bank deposit accounts are now FDIC insured up to $250,000 per depositor - more than double the former account coverage limit!

The Federal Deposit Insurance Agency (FDIC) insurance covers all deposit accounts, including checking and savings accounts, money market deposit accounts and certificates of deposit. Here's what this means to you:

• Single accounts:  Insured up to $250,000
• Joint accounts:  Insured up to $250,000 per co-owner
  
• IRA deposits:  Insured up to $250,000 per plan depositor
• Accounts that are registered in a Living Trust:  Insured up to $250,000 per owner, per beneficiary

Village Bank is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through June 30, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. NOW (interest bearing) accounts are not eligible under the guarantee program.

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.

For more information, visit the FDIC website.