RANDY HUFFSTETLER, CEO

DELORES WRIGHT OPO & CASHIER

R.E. RAWLS, CIO

RAMONA CAVENDER, LO

JOY ADAMS, LO & LD MGR

BARBARA PORCH, HEAD BKP

AMANDA RODRIGUEZ, BSA & IT

ELENA MILLER, CO

 

GREENFIELD BANKING COMPANY

P O BOX 47

GREENFIELD, TENNESSEE 38230

731-235-2207 FAX 731-235-2209

 

 

 

 

NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS

 

By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC).Beginning January 1, 2013, all of a depositorís accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.

 

For more information about FDIC insurance coverage of noninterest-bearing transaction accounts, visit

http://www.fdic.gov/deposit/deposits/unlimited/expiration.html