Farmers & Merchants State Bank in Plankinton, South Dakota - Plankinton, SD

Notice of FDIC Insurance Coverage for Transaction Accounts

By federal law, as of 01/01/2013, funds in a noninterest-bearing transaction account (including an IOLTA/IOLA) will no longer receive unlimited deposit insurance coverage, but will be FDIC-insured to the legal maximum of $250,000 for each ownership category. For more information, visit http://www.fdic.gov/deposit/deposits/unlimited/expiration.html.


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