© 2009 State Bank of New Prague. All Rights Reserved.
Transaction Account Guarantee Program
State Bank of New Prague is participating in the FDIC's Transaction Account Guarantee Program.
The FDIC extended its temporary Transaction Account Guarantee Program through December 31, 2010. This program provides depositors with unlimited coverage for noninterest-bearing transaction accounts at participating FDIC-insured institutions. The unlimited coverage applies to all personal and business checking deposit accounts that do not earn interest including Demand Deposit (DDA) accounts, low-interest NOW accounts (Through June 30, 2010 the low-interest definition includes NOW accounts that earn 0.50%, effective July 1, 2010 NOW accounts will not be able to earn more than 0.25% interest), and IOLTA accounts.
The State Bank of New Prague is a full-service community bank helping the
people and businesses of New Prague, Minnesota achieve financial success for over 125 years.
people and businesses of New Prague, Minnesota achieve financial success for over 125 years.
Member FDIC | Equal Housing Lender | © 2009 State Bank of New Prague. All Rights Reserved.
To help the government fight the funding of terrorism and money-laundering activities, Federal law requires all financial institutions to obtain, verify,
and record information that identifies each person who opens an account. What this means to you: when you open an account, we will ask for your name,
address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.
and record information that identifies each person who opens an account. What this means to you: when you open an account, we will ask for your name,
address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.