Extended FDIC Deposit Insurance Limits
JBT participates in the FDIC’s Transaction Account Guarantee Program authorized under the FDIC’s Temporary Liquidity Guarantee Program. Under this program, through December 31, 2010, all non-interest bearing transaction accounts and interest bearing transaction accounts that yield 1/4 of 1% (.25%) or less 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. |
