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The FDIC's basic insurance limit has been temporarily raised from $100,000 to $250,000 per depositor. This enhancement will be in effect through December 31, 2013.
ABC Bank is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31, 2010, all non interest-bearing transaction (checking) 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.
Interest bearing checking accounts, also known as NOW accounts, are not covered under this program.
To view ABC Bank's Regulation E Disclosure click here.
Past, Present, Future...
ABC Bank was incorporated in 1891 as Austin State Bank. One hundred plus years and three name changes later, the Bank has grown to five locations, four in Chicago and the fifth in Bensenville. We are extremely proud to be a part of the communities we serve.
We are committed to continuing our growth as a locally owned and managed independent community bank. We believe in treating our customers and employees with honesty and integrity. We believe in providing value added, state-of-the-art services with a commitment to quality customer service. We believe in building and nurturing customer relationships that endure over time.