NEW FDIC INSURANCE IN EFFECT

As a result of The Emergency Economic Stabilization Act of 2008, the basic limit on your deposit insurance from Federal Deposit insurance Corporation (FDIC) has been raised from $100,000 to $250,000 per depositor. You may also be eligible for additional basic FDIC insurance if your accounts are held in different ownership categories. In addition, National Iron Bank is participating in the Transaction Account Guarantee Program – which provides full FDIC coverage of your non-interest bearing personal and business checking accounts. This is in addition to and separate from the $250,000 coverage under the FDIC’s general deposit insurance. As mandated by the new legislation, both levels of protection are available temporarily through December 31, 2009. If you should have any questions about your FDIC coverage, please don’t hesitate to speak with a National Iron Bank representative or call us at 1-800-817-4970