Federal Deposit Insurance Corporation

Deposits at FDIC-insured institutions are now insured up to at least $250,000 per depositor through December 31, 2013.  On January 1, 2014, the standard insurance amount will return to $100,000 per depositor for all account categories except for IRAS and other certain retirement accounts which will remain at $250,000 per depositor.  (This supercedes the October 3, 2008 changes.)

 

Noninterest-bearing transaction accounts FDIC insured up to $250,000.
Effective July 1, 2010, Community Bank of Oelwein will no longer be a participant in the TAG Program and thus any funds held in noninterest-bearing transaction accounts will no longer be guaranteed in full under the TAG Program, but will be insured up to $250,000 under the FDIC’s general deposit insurance rules. 

Calculate your insurance coverage using the FDIC's online Electronic Deposit Insurance Estimator at:
www2.fdic.gov/edie