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Notice of Changes in Temporary FDIC Insurance Coverage for Transaction Accounts

Absent an extension of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including IOLTAs) will no longer receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC).  Beginning January 1, 2013, all of a depositor’s  accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount of $250,000 for each deposit insurance ownership category.
For more information about FDIC insurance coverage of noninterest-bearing transaction accounts, visit: 


October 01, 2015

CapitalMark Grows Market Share in Chattanooga, Rises in Ranks in Nearby Markets

September 21, 2015

Pinnacle, Titans Partner for Chattanooga Heroes Fund Contribution

September 14, 2015

Banking Veteran Larry Richey Joins CapitalMark