Deposit Insurance

FDIC Insurance covers your Deposits at First Federal at a basic insurance amount of $250,000 per Depositor. Self-Directed IRA Retirement Accounts are insured up to $250,000. The FDIC also provides additional FDIC insurance coverage for Deposit accounts held in other categories of ownership that allow a customer to exceed $250,000 in insured Deposits at First Federal. Please call or stop by our offices to learn more about maximizing your FDIC deposit insurance coverage. Additional information about FDIC Insurance can be found at WWW.FDIC.GOV.

NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS

By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor's accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.

For more information about FDIC insurance coverage of noninterest-bearing transaction accounts, visit http://www.fdic.gov/deposit/deposits/unlimited/expiration.html