To provide customers with the added peace of mind that their accounts are secure, First American Bank is pleased to announce our participation in the FDIC's voluntary Transaction Account Guarantee Program.
      The program guarantees full deposit insurance coverage of non-interest bearing transaction accounts, with no dollar restrictions, through Dec. 31, 2009. This is in addition to the standard FDIC insurance previously increased to $250,000 per depositor, also through the end of the year.
      Although the extra guarantee applies to both consumers and businesses, the extra protection should prove especially valuable to small business owners, assuring payroll and other operating accounts are 100-percent safe and secure. This is not part of the Troubled Assets Relief Program bailout program, but a voluntary service provided by FDIC and funded through insurance premiums paid by participating banks.
      There is no charge to the depositors, or to taxpayers.