“Penny” Visits Stenstrom Elementary

Centennial Bank's "Penny" made an appearance at Stenstrom Elementary for their "Teach In" program on Tuesday. 

Penny was able to visit with Mrs. Forbus's Kindergarten class as well as Mrs. Ellis's Fifth grade class.  Centennial donated some First Account saving kits along with pens and pads and taught lessons about banking and the banking system. 

Thanks to all the teachers and kids for such a fun event!

 

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NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary 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 account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.

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