NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS
Bank of Whittier, N.A. is participating in the FDIC’s Transaction Account Guarantee Program.
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 does not include other
accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts,
money-market deposit accounts, and Interest on Lawyers Trust Accounts (“IOLTAs”).
To
Speak to One of our Private Bankers please click here Online Application
Riba-Free Business Checking
This is a No-Interest bearing Account Designed for Businesses
that:
Write more than 50 (<100) checks and/or
20(<25) deposits per month with more than 10 (<20) checks
per deposit.
Please see your disclosure statement provided at the time of the
account opening for further details governing your account, or speak
with your Private Banker.
Riba-Free Basic Business Checking
1. Write 50 checks or less and/or
2. That make 20 deposits or less per month with less
than 10 checks per deposit.
Account Information:
Minimum Opening Deposit
$500.00
Monthly average ledger
balance to avoid monthly maintenance, and per item charges
*Please note that you must have Adobe Acrobat Reader to view the PDF application, if you do not have the reader you may download it for free from Adobe's web site.