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Information security is a top priority of Stephens Federal Bank. You will never be asked to furnish personal information via an email.
If ever asked to furnish any personal information, please ignore the request and delete the email. As always, feel free to contact us with any questions or concerns.
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FDIC INSURANCE COVERAGE
FDIC deposit insurance permanently increased
to $250,000 per depositor, effective July 22, 2010
UNLIMITED FDIC INSURANCE COVERAGE
NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS
All funds in a Stephens Federal Bank “noninterest-bearing transaction account” are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage 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 “noninterest-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 Lawyer’s 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 coverage of transaction accounts, visit www.fdic.gov.
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ATTENTION
Information security is a top priority of Stephens Federal Bank. You will never be asked to furnish personal information via an email.
If ever asked to furnish any personal information, please ignore the request and delete the email. As always, feel free to contact us with any questions or concerns.
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Click here for security information
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