Disclosures

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NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

All funds in noninterest-bearing transaction accounts are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This 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 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 earn interest, NOW accounts, money-market deposit accounts, and Interest on Lawyers Trust Accounts (“IOLTAs”). 

Pursuant to Section 343 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act), temporary unlimited deposit insurance coverage for noninterest-bearing transaction accounts (NIBTAs) is scheduled to expire on December 31, 2012. Absent a change in law, beginning January 1, 2013, the FDIC no longer will provide separate, unlimited deposit coverage for NIBTAs at insured depository institutions. 

For more information about FDIC insurance coverage, visit www.fdic.gov

Certificates of Deposit

Great Rates from a Stable Investment

Perpetual Federal Savings Bank specializes in CDs and understands you want to earn interest at great rates and terms from a safe, stable investment.

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Traditional IRA

Prepare for Your Comfortable Retirement

Roth or Traditional IRAs provide pre-tax and after tax investment options.

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Checking & Savings

No Nonsense, Interest Bearing, Traditional Accounts

Perpetual Federal Savings Bank is a practical, sound bank. That is why we offer traditional passbook savings accounts and traditional checkbook checking accounts.

CHECKING SAVINGS

Personal Customer Service

We have been proudly serving our community for over 140 years. We want to provide you our legendary, face to face customer service. We are here to help. Please contact us if you need any assistance.

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