Bank of Whittier, N.A. is participating in the FDIC’s Transaction Account Guarantee Program.
Under that program, through December 31, 2010, 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.
Riba Free Banking:
If you are interested in our Riba-Free financial
services, please use the links below. We also encourage you to contact
one of our Banking
Specialists if you have any questions about
the services we offer.
Exceptions.
We may let you withdraw money from your Account before the Maturity
Date
without an early withdraw penalty: (1) when one or more of you dies
or is determined legally
incompetent by a court or other administrative body of competent jurisdiction;
or (2) when
the Account is an Individual Retirement Account (IRA) established in
accordance with 26
USC 408 and the money is paid within seven (7) days after the Account
is opened; or (3)
when the Account is a Keogh Plan (Keogh), if you forfeit at least the
income earned on the
withdrawn funds; or (4) if the Account is an IRA or a Keogh Plan established
pursuant to 26
USC 408 or 26 USC 401, when you reach age 59 1/2 or become disabled;
of (5) within an
applicable grace period of 10 days after the Maturity Date.
