logo
You are viewing items posted during November 2009

FDIC discusses safety of deposits

November 25, 2009

The FDIC recently published the following information about the safety of consumer deposits at FDIC-insured banks such as Florida Business Bank.  To read the article on “No Safer Place for Your Money: Why the FDIC’s Resources are Strong and Insured Deposits are ‘Absolutely Safe’ “ click on:  http://www.fdic.gov/news/news/press/2009/pr09210.html
Note that any FDIC News releases can be found [...]

FDIC Transaction Account Guarantee Program

November 18, 2009

Florida Business Bank, Melbourne Florida, is participating in the FDIC’s Transaction Account Guarantee Program. Under that program, through June 30, 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 [...]