At Bank of Franklin, we want to be your bank for a lifetime. Since opening our doors in 1912, we have remained committed to the people and businesses in our community. To learn more about our products and services, stop by one of our locations today.
NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE
COVERAGE FOR 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 does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, money-market deposit accounts, and Interest on Lawyers Trust Accounts ("IOLTAs").
For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.
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Bank of Franklin will never ask you to verify your personal information via an unsolicited email or phone call. If you receive a call, email, or letter asking for personal information such as account number, debit card information, or social security number, you should NOT disclose this information. Please contact us at 601-384-2305 if you have any questions.