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. The 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 ("IOLTA's"). 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.
Go Green Reward Checking
Would you like to earn interest on your checking account balance? Tired of buying checks, writing checks, then mailing checks? Do you use your debit card? Are you interested in improving the environment by saving trees?
If your answers are yes, Go Green Reward Checking account is a great one for you with the benefits of earning interest on the money in your checking account, ATM usage at all of First National Bank of McConnelsville's ATMs without fees, no monthly service charge, free Online Banking with BillPay, and free eStatements.
Our regular checking account is a safe, convenient, excellent way to retain accurate records of your expenses. The monthly service fee of $7.50 is waived if the account maintains a minimum daily balance of $450 or receives monthly statements via eStatements. If you choose to receive your statement by mail, your statement along with your check images, will be mailed promptly. If you choose to receive your statement via eStatement, you will be alerted by email that your statement is ready to view. There are no check images available through eStatements. A minimum of $50 is required to open this account.
Hometown checking is available to individuals who do not wish to maintain a high balance and would like a service free checking account by receiving their monthly statements electronically through eStatements. Funds are easily accessible. An unlimited number of checks may be written. The monthly service fee is $4.50. This fee can be avoided by maintaining a daily balance of $450 or signing up for monthly eStatements. Hometown Checking requires a $50 minimum opening deposit. Canceled checks are safekept at the bank.
Golden Years Checking
Thinking of retirement? This account may be the perfect choice for you. If you are a Senior Citizen age 62 or over, the monthly service fee is $2.50. If you choose to receive your monthly statements electronically through eStatements the monthly service fee is waived. If you prefer to receive your monthly statement by mail, the images will be included. The minimum required to open the account is $50.
Community Service/Social Club Checking
First National Bank is happy to help community service organizations by serving the financial needs of Community Service groups. Any non-profit community service or social club is eligible for this account. The monthly service fee for the account is $4.50 and can be avoided by maintaining a minimum daily balance of $450 or by signing up for monthly eStatements.
Super Now Checking
This account pays interest on the money you have in your checking account. The interest rate is tiered based on your balance. To open this account you must deposit a minimum of $1000. You must maintain a daily minimum balance of $1000. If your daily balance drops below $1000, anytime during the statement cycle, the account will be charged a $10 service charge for that month. You can avoid monthly fees by maintaining a $1000 minimum balance in the account.
Money Market HIFI Checking
If you want to earn interest and plan to make only a limited number of withdrawals per month...this account is for you. There is a minimum of $2500 required to open this account. Should you need to withdraw, a HIFI withdrawal form will be provided. If the minimum falls below $2500, anytime during the statement cycle, the service charge is $10. HIFI accounts are permitted up to six (6) withdrawals per statement cycle. If the account exceeds the withdrawal limit of six, a per item fee of $5 is charged for each withdrawal item in excess of six until the next statement cycle.
First National Bank's business checking account gives you the freedom to write an unlimited number of checks. This account is also an excellent way to maintain records for your accountant. The service charge on the business checking account is $7.50 per month plus 13 cents per check. Imaged statements are available on a monthly, bi-weekly, or weekly basis, however, if the business requests a statement cycled more frequently than monthly, the service charge is assessed each time the statement is cycled.
The commercial account is designed for high volume deposit customers. The service charge is $7.50 plus thirteen (13) cents per check plus eight (8) cents per transit item. Fifty dollars is required to open this account. Imaged statements are available on a monthly, bi-weekly or weekly basis, however, if the business chooses to receive a statement more frequently than monthly; the service charge is charged each time the statement is provided.
ABOUT SSL CERTIFICATES