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Waumandee - Arcadia - Fountain City - Durand - Mondovi - Black River Falls - Whitehall
11/11/2011 ALERT: Local residents are being urged to beware of telephone scams involving your bank accounts. Waumandee State Bank will not contact a customer to verify name, address, account number, or any other personal information. If you receive a call asking for information, please contact the bank.
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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 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.
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