Fraud Alert:

 

Covenant Bank & Trust is dedicated to providing a safe and secure banking experience to our customers. Recently customers of our bank and other area banks have experienced fraudulent debit card charges. We advise all customers who have a debit card to monitor their accounts daily and immediately report any unauthorized debit card transactions to Covenant Bank & Trust by calling 706-764-3000 during business hours. You may check your accounts 24 hours a day online or by calling 1-800-373-0869. To cancel your debit card after hours, call 1-800-523-4175.

 


 

NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING 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.