Bank of Montana

 

406.829.2662

Transaction Account Guarantee Program Disclosure: Bank of Montana is participating in the FDIC’s Transaction Account Guarantee Program. Under that program, through December 31, 2010, all noninterest-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 available under the FDIC’s general deposit insurance rules. The FDIC will protect NOW accounts in full if the interest rate does not exceed 0.5 percent. Swept or transferred funds from your noninterest-bearing transaction accounts may be subject to insurance limitations. The FDIC will protect public deposits up to the $250,000 limit under its general deposit insurance rules. Bank of Montana does offer accounts with interest in excess of 0.5 percent. Please check with our COO Deana Carlson or call (406) 829-2662, if you have questions regarding your FDIC coverage.