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Updated:
January 7, 2011
9:16 am PT

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FDIC COVERAGE OF
BUSINESS ACCOUNTS

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Business accounts held at Community Bank of San Joaquin are now provided more FDIC insurance coverage as follows:

Ownership Type

Deposit Account Type

Maximum Insured Amount

Corporation /  Partnership

Non-Interest Accounts*

Unlimited

Corporation / Partnership

Interest Bearing Accounts

$250,000

Sole Proprietor

Non-Interest Accounts*

Unlimited

Sole Proprietor

Interest Bearing Accounts

$250,000
combined total of all personal and business accounts that belong to individual business owner.

*Beginning December 31, 2010 through December 31, 2012, deposits held in noninterest-bearing transaction accounts are fully insured, regardless of the amount in the account, at all FDIC-insured institutions. [more information]

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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 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.


Lost or stolen Visa® Check Card, call
(209) 956-7000 Monday-Friday 9am-5pm or
1-800-754-4128 after hours.

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Community Bank of San Joaquin


Main Office
22 West Yokuts Avenue
Stockton, CA 95207-5715 [
map]
209-956-7000
 


Waterloo Office
4426 East Waterloo Road
Stockton, CA 95215-2306 [
map]
209-373-4300

Services Available:
Administration, Branch, Loans,
Full-Service Drive-Up, ATM* and
Night Depository*
 

Services Available:
Branch, Loans, ATM* and
Night Depository*
 

Office Hours:
Monday-Thursday 9am-5pm
Friday 9am-6pm
Saturday 9am-1pm
and By Appointment
 

Office Hours:
Monday-Thursday 9am-5pm
Friday 9am-6pm
 

*This service available 24 hours a day.

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