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For more information about our
banking products and services,
or to open an account, please
call or come by one of our two
locations or contact us online.

Customer Service Line
(956) 217-7177

24-Hour Telebanc
1-888-862-1TNB (1862)

Mercedes Locations
201 S. Texas
Ph: (956) 565-2485
Fx: (956) 565-5050



Edinburg Location
4908 S. Jackson
Ph: (956) 217-7100
Fx: (956) 217-7150



NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE

The FDIC took action recently related to the implementation of certain provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”) that will affect all insured depository institutions. The action taken was the adoption of a final rule amending the FDIC’s deposit insurance regulations to implement section 343 of the Dodd-Frank Act, which provides for unlimited insurance for “noninterest-bearing transaction accounts” for two years starting December 31, 2010. The final rule reads as follows:

NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

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 tradtional 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 inforamtion about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.

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