It's your money. Banking services should meet the demands of your life. Choosing the right checking or savings account allows you to keep your money and your plans moving forward. That's why Elkhorn Valley Bank & Trust has flexible options that let you decide how, when, and where you want to bank. Elkhorn Valley Bank & Trust is your source for personal or business checking accounts, credit and loan products, investments, insurance and more. And when you need us, we'll be with you every step of the way - by phone, online, or in our banking offices.
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.