Brock White
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New Extension on FDIC Transaction Account Guarantee Program
August 28, 2009

On August 26, 2009 the FDIC extended the Transaction Account Guarantee Program that the State Bank of New Prague is proudly participating in. Under that origianl program all noninterest bearing transaction accounts are were fully guaranteed by the FDIC for the entire amount in the account until December 31, 2009. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.
Now the Transaction Account Guarantee Program will go until June 30, 2010!