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First State Bank is participating in the FDIC's Transaction Account Guarantee Program (TAGP). All noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account through 12/31/2010. Coverage under the TAGP is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules. 

 

On July 21, 2010, President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act, which, in part, permanently raises the current standard maximum deposit insurance amount to $250,000.  The FDIC insurance coverage limit applies per depositor, per insured depository institution for each account ownership category.