FDIC Deposit Insurance Coverage
Meramec Valley Bank deposits are FDIC-insured. All deposits are insured up to at least $250,000 per depositor. To estimate your deposit insurance coverage, click here.
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.
Unlawful Internet Gambling Enforcement Act of 2006
Restricted transactions are prohibited from being processed through your account with Meramec Valley Bank. A restricted transaction is any transaction connected with participation in unlawful Internet gambling.
