Transaction Account Guarantee Program

Council Bluffs Savings Bank, a division of Carroll County State Bank is participating in the FDIC’s Transaction Account Guarantee Program. Under that program, through December 31, 2010, all non-interest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules.

On October 3, 2008 FDIC deposit insurance temporarily
increased from $100,000 to $250,000 per depositor
through December 31, 2013.