NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING 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 depositor’s accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up 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 or http://www.fdic.gov you may call Memorial City Bank at 713.973-8000.
Memorial City Bank
among safest in U.S.
Our unique brand of service is at the heart of our promise to you: Memorial City Bank was built to provide streamlined efficiency that will keep your business and your investments moving forward.
Unparalleled Service, Focused on Your Needs: We have an intimate understanding of the special needs you require from your bank. At Memorial City Bank your personal banker won't just know your name, he'll know you and your business intimately. And he'll develop customized solutions tailored to.....
State of the Art Bill Paying System
Memorial City Bank is pleased to announce the release of their new Business Bill Pay System.
Bill Pay Customer Service
6:00 AM - 12:00 AM CT
7 days a week