FDIC DEPOSIT INSURANCE COVERAGE


Your deposits are safe at Mechanics Bank

The standard deposit insurance amount per depositor is $250,000.

Temporary Unlimited FDIC insurance coverage for non-interest bearing accounts available through December 31, 2012, under the Federal Deposit Insurance Act as amended by the Dodd-Frank Wall Street Reform and Consumer Protection Act.

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 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 FDIC insurance coverage of transaction accounts, visit fdic.gov

Additional Resources