Notice of expiration of the temporary full FDIC insurance coverage for noninterest-bearing transaction accounts

Date: January 1, 2013

Beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account “IOLTA”) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Effective January 1, 2013, all of a depositor's accounts at an insured depository institution, including all noninterest-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 noninterest-bearing transaction accounts, visit: http://www.fdic.gov/deposit/deposits/unlimited/expiration.html

FDIC Insurance Limits

As an FDIC-insured institution, your deposits at EverTrust Bank are insured up to at least $250,000 per depositor for each account ownership category.http://fdic.gov/news/news/press/2010/pr10161.html

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