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LSB and ONB Partnership - What you need to know High Expectations November Small Business of the Month




Member FDIC      © 2014 Lafayette Savings Bank a Division of Old National Bank  •   101 Main Street • Lafayette, IN 47901   •   required information
All products mentioned are registered trademarks or trademarks of their respective companies.

 

As of November 1, 2014 Lafayette Savings Bank and Old National Bank are the same FDIC-insured institution
so deposits held at each bank may not be separately insured.

NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NON-INTEREST-BEARING TRANSACTION ACCOUNTS

By operations of Federal law, beginning January 1, 2013, funds deposited in a non-interest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor's accounts at an insured depository institution, including all non-interest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000) for each deposit insurance ownership category.  For more information about FDIC insurance coverage of non-interest-bearing transaction accounts, visit www.FDIC.gov.