Quinnipiac Bank & Trust is participating in the FDIC's Transaction Account Guarantee Program. Under that program,
from December 31, 2010 through
December 31, 2012, all non interest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage
of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.
The term "non interest-bearing transaction account" includes a traditional
checking account or demand deposit account on which the insured depository
institution pays no interest. It also includes Interest on Lawyers
Trust Accounts ("IOLTAs"). It does NOT include other accounts, such as
traditional checking or demand deposit accounts that may earn interest, NOW
accounts, and money-market deposit accounts. For more information about
temporary FDIC insurance, visit
www.fdic.gov.
