FDIC Insurance Coverage

What amount of insurance coverage does the FDIC provide?

The current amount of insurance coverage is $250,000 per depositor per insured financial institution, but the following temporary rule applies for non-interest bearing transaction accounts:

All funds in a "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 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 coverage of transaction accounts, visit www.fdic.gov.

What products are insured by the FDIC?

The lists below give you a brief overview of what FDIC insurance does and does not cover.  If you would like further details, please contact us or visit www.fdic.gov.

What is insured by the FDIC?	What is NOT insured by the FDIC?
All deposit accounts including: -  Checking -  Interest-Bearing Checking -  Savings -  Money Market Savings -  Certificates of Deposit	Non-deposit products such as: -  Insurance -  Annuities -  Stocks -  Bonds -  Mutual Funds -  Contents of Safe Deposit Boxes

Transaction Account Guarantee Program Notice

Beginning January 1, 2010 Bruning State Bank will no longer participate in the FDIC's Transaction Account Guarantee Program. Thus, after December 31, 2009, funds held in noninterest-bearing transaction accounts will no longer be guaranteed in full under the Transaction Account Guarantee Program, but will be insured under the FDIC's general deposit insurance rules explained above.