Welcome to the Savings Bank!
The Savings Bank of Primghar, Hartley, and Lake Park extend a
warm welcome to individuals, businesses, and farm customers. We are
FDIC insured locally owned and staffed. As a full service bank we
have a variety of services to offer our customers. Our knowledgeable
and friendly staff is ready to help you.
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 at 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.