Exchange Bank, a local bank with locations in Milledgeville, Gray, and Lake Oconee Georgia
FDIC Insurance Coverage
Transaction Account Guarantee Program
Exchange Bank is participating in the FDIC’s Transaction Account Guarantee Program. Under that program, through June 30, 2010, all non-interest-bearing transactions 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. NOW accounts are not eligible for the TLGP coverage.
