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New Deposit Insurance Limits
The standard insurance amount of $250,000 per depositor is in effect through December 31, 2013. On January 1, 2014, the standard insurance amount will return to $100,000 per depositor for all account categories except IRAs and other certain retirement accounts, which will remain at $250,000 per depositor. For more information visit: Deposit Insurance Simplification Fact Sheet.
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Transaction Account Guarantee Program
BankTennessee is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31, 2009, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.
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**IMPORTANT SECURITY INFORMATION**
Guard your personal information! BankTennessee never asks by phone, text messages, or email for your personal information such as account numbers, PINs, passwords, etc. If you are suspicious about a call, email, or text message you receive, please hang up and call us immediately.
BankTennessee has made a commitment to keep your financial and personal information secure and confidential. Please click here to learn about safeguarding your personal information, and never agree to any offer you receive either by email or the U.S. Postal Service without researching the facts and confirming its legitimacy for yourself or by calling us at 901-854-0854.
* Learn more about phishing and identity theft. Click here.
* Protect yourself against Fake Check and Money Order scams. Click here for this consumer notice from the FDIC.
*Click here for 5 tips about protecting your checking account published by the Federal Reserve Board.
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