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Copyright
1998-2010. All rights reserved.
Cumberland Security Bank 107 South Main Street Somerset, KY 42501
606-679-9361
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TEMPORARY
LIQUIDITY GUARANTEE PROGRAM
Effective
January 1, 2010, Cumberland Security Bank has chosen not to participate in the
FDIC's Transaction Account Guarantee Program. Customers of Cumberland Security
Bank with noninterest-bearing accounts will continue to be insured for up to
$250,000 under the FDIC's general deposit insurance rules.
NOTICE
OF INCREASED DEPOSIT INSURANCE
Effective
May 20, 2009, deposits are FDIC-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. |
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