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NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

All funds in a “non interest-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.

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

WHY REFINANCE?

  
Refinancing your current mortgage may make sense if you want to...

  • Lower your interest rate 
    and reduce your monthly payment.
  • Reduce the term of your mortgage 
    to build equity faster and own your home free and clear sooner.
  • Consolidate debt 
    by accessing your home's equity to pay off credit cards and other bills.
  • Take cash out 
    for home improvements, a child’s education or any other purpose.
  • Switch from an adjustable rate mortgage (ARM)
    to a fixed-rate mortgage with a fixed monthly payment.

 

Why Refinance with Fox River State Bank?


We offer a full range of mortgage refinancing options and provide you with personalized service like no other around.  Tell us what you want to do and we'll work with you to find a custom refinancing solution.




For information on the government's new home modification and refinance options click here.

All products and services are subject to bank/credit approval.