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FDICAt Hanover Community Bank you can enjoy peace of mind knowing that the FDIC has increased its deposit insurance coverage to $250,000* per depositor through December 31, 2013. All deposit accounts at Hanover Community Bank are covered, including checking, savings, CDs and money market savings accounts up to the insured limit. The base coverage amount is $250,000 per depositor for combined accounts in the same insured bank. However, if you have joint and individual accounts, you and your spouse may be eligible for additional coverage. The FDIC coverage increases are automatic. To calculate how your own accounts are covered please visit: * On January 1, 2014, the standard coverage limit will return to $100,000 for all deposit categories except IRAs and Certain Retirement Accounts, which will continue to be insured up to $250,000 per owner ** This is a link to a third party site. |
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