The Piedmont Bank

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On 7/21/10, FDIC deposit insurance has been permanently increased to $250,000 per depositor. ...

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Welcome to The Piedmont Bank!

The Piedmont Bank is a bank like no other. We offer traditional and innovative banking products. Our staff is comprised of some of the most respected and experienced bankers in our community. Our whole reason to exist is to provide you with the best banking experience possible. You are cordially invited to come by our office any time; we embrace the opportunity to know our customers. You are more than an account with us. We offer direct access to the decision makers in our bank. We are locally owned and that means you get better service and timely responses to your questions.

We invite you to experience the difference!

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

 

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