Texas Coastal Bank

 

 

 

 

 

Informational video about

FDIC Insurance

 


 

Welcome to the Texas Coastal Bank website

On behalf of the employees at Texas Coastal Bank, we would like to welcome you to our website.  As “The Independent Hometown Bank,” we take great pride in treating our customers like good neighbors, not like numbers.  We’ve been a part of your community since 1983 and invest our assets in local homes and businesses.  Join your friends and neighbors and call or stop by our Pasadena or Deer Park locations today to experience a better way of banking.

Important News Regarding FDIC Insurance Coverage

FDIC deposit insurance has temporarily increased from $100,000 to $250,000 per depositor through December 31, 2013.

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 does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, money-market deposit accounts, and Interest on Lawyers Trust Accounts ("IOLTAs").

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.

For your convenience we have made a short video available that explains FDIC insurance coverage.  The link to the video is located below the navigation menu on the left side of this page.  Of course, if you still have any questions or prefer not to watch the video, please call or stop by.  We look forward to speaking with you.

 
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