Standard FDIC Insurance Coverage
Permanently Increased to $250,000 per Depositor

On July 21, 2010 the Dodd-Frank Wall Street Reform and Consumer Protection Act was signed, which permanently raises the current standard maximum deposit insurance amount to $250,000. The standard maximum deposit insurance amount had been temporarily raised from $100,000 to $250,000 effective from October 3, 2008 through December 31, 2010.

The FDIC increased insurance coverage is automatic and there is no need for depositors to apply or request FDIC insurance. FDIC insurance covers deposit accounts including checking, savings, money market checking and certificates of deposit. The new limits refer to the total of all deposits that an accountholder(s) has at each FDIC insured bank.

The FDIC insurance coverage limit applies per depositor, per insured depository institution for each account ownership category.

Single Account Holders	$250,000 per owner
Joint Accounts (two or more Persons)	$250,000 per co-owner
IRA's	$250,000 per owner
Trust Accounts	$250,000 per owner, per beneficiary, subject to specific limitations and requirements

This increase of insurance coverage does not apply to the Transaction Account Guarantee Program - see below for additional information.

FDIC Transaction Account Guarantee Program

Connecticut Community Bank, N.A. 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 of the account. Coverage is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules. Connecticut Community Bank’s continuing participation in the Transaction Account Guarantee Program will provide unlimited coverage for non-interest bearing transaction accounts through December 31, 2010.

To view a video on deposit insurance coverage, please click here.