Changes to FDIC Deposit Insurance Limits

On May 20, 2009, the FDIC announced that deposits at FDIC insured institutions are now insured for up to $250,000 per depositor through December 31, 2013. This includes Certificate of Deposit, Money Market and Passbook Savings accounts. This does not apply to the Transaction Account Guarantee Program.

All FDIC deposit insurance coverage limits refer to the total of all deposits that an accountholder(s) has at an FDIC-insured bank.

FDIC Transaction Account Guarantee Program

Union Federal Savings Bank is participating in the FDIC's Transaction Guarantee Program. Under this program, through June 30, 2010, all non-interest bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage in the Transaction Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit rules.