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GREAT NEWS FOR DEPOSITORS!!!
THE INCREASE IN FDIC INSURANCE HAS BEEN EXTENDED!
FDIC deposit insurance has been temporarily increased from $100,000 per depositor to $250,000 per depositor until December 31, 2013. If you have questions regarding your deposit insurance coverage, contact the Brunswick State Bank and we would be happy to help you.
TRANSACTION ACCOUNT GUARANTEE PROGRAM
Brunswick State Bank is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31, 2010, all non-interest-bearing transaction accounts 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.
The Now accounts, MMDA accounts, and Savings accounts currently offered by the Brunswick State Bank do not qualify as non-interest bearing accounts. They are covered under the FDIC's general deposit insurance program.
REMOTE DEPOSIT CAPTURE IS NOW AVAILABLE!
Remote Deposit Capture (RDC) is a convenient and secure way for businesses to process check deposits. The system can be set up in the business office or in a home office using most current computer and internet capabilities. A representative of the Brunswick State Bank will help set up the system and guide the individual responsible for operating the system through the easy process. The bank supplies and maintains the scanning equipment, provides the software, and trains the operators. How easy is that?!
Remote Deposit capture not only saves time and money, but it is secure as well. Checks do not need to leave the business and business personnel do not need to leave the business site. The system provides opportunities to verify which checks have been processed and the total deposits. Processed checks can even be saved in the system to be viewed later if necessary. Fees may vary according to the services provided. A brochure is available with an expanation of the features available.
Contact the Brunswick State Bank for details. One of our RDC representatives would be happy to answer your questions and discuss the options available. Let us show you how RDC can save time and money for your business. We would be happy to help!
