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Overdraft Privilege Opt-In Notice
Due to recent regulatory changes it is
now necessary that you opt-in for the
payment of everyday point-of-sale and ATM
transactions in cases where such payment will
result in your account being overdrawn. If you
wish to continue authorizing Metairie Bank to
pay such transactions after July 1, 2010, you
must opt-in. If you do not opt-in your
point-of-sale and ATM transactions will be
denied if you do not have sufficient funds to
cover them.
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Metairie Bank is Louisiana Made,
Louisiana Proud |
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Since 1947, Metairie Bank has been a
trusted local tradition. We
continue to grow and have become a
symbol of modern-day banking. One
of our core values is to offer
Personal Service to everyone of our
customers. Metairie Bank is
enthused about the future and we believe
the future is bright for our area.
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NOTICE
OF CHANGES IN TEMPORARY FDIC INSURANCE
COVERAGE FOR 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.
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