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NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS

By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will 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 ($250,000), for each deposit insurance ownership category.

For more information about FDIC insurance coverage of noninterest-bearing transaction accounts, visit http://www.fdic.gov/deposit/deposits/unlimited/expiration.html

Great News! FDIC Insurance Coverage has been permanently increased from $100,000 to $250,000 per depositor.

On July 21, 2010, President Barack Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act into law, which, in part, permanently raises the current standard maximum deposit insurance amount (SMDIA) to $250,000. The FDIC insurance coverage limit applies per depositor, per insured depository institution for each account ownership category. Customers can find additional information regarding FDIC’s deposit insurance coverage through the use of the FDIC’s Electronic Deposit Insurance Estimator (EDIE) and deposit insurance publications located on the FDIC website at www.myFDICinsurance.gov. In addition, you can call the FDIC at 1-877-ASK-FDIC (1-877-275-3342) or call 337-893-0257 to speak to a representative at the Bank of Abbeville & Trust Company.

Internet Banking AND Billpay available now

We are pleased to announce the Bank of Abbeville and Trust Company has just opened our newest branch, www.bankofabbeville.com! We are dramatically expanding our services with the addition of Internet banking and Billpay, allowing us to better serve your diverse needs and offer secure, reliable access to your accounts anytime, anywhere. All you need is a computer with Internet access! Visit our web site at www.bankofabbeville.com to view a demo and enroll online.

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