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Stop ID Theft-New Product Announced!
Effective March 1st WCNB will launch a new product to deter Identity Theft! For more details on this product, call or visit us at one of our convenient locations.


Opt Out Transaction Account Guarantee Program
Beginning January 1, 2010 Wood County National Bank will no longer participate in the FDIC’s Transaction Account Guarantee Program. Thus, after December 31, 2009, funds held in noninterest-bearing transaction accounts will no longer be guaranteed in full under the Transaction Account Guarantee Program, but will be insured up to $250,000 under the FDIC’s general deposit insurance rules.


Notice FDIC Insurance Coverage
Changes in FDIC Deposit Insurance Coverage
May 20, 2009
Deposits at FDIC-insured institutions are now insured up to at least $250,000 per depositor through December 31, 2013. On January 1, 2014, the standard insurance amount will return to $100,000 per depositor for all account categories except for IRAs and other certain retirement accounts which will remain at $250,000 per depositor. (This supersedes the October 3, 2008 changes.)

The extension announced on May 20, 2009, does not apply to the Transaction Account Guarantee Program. The unlimited coverage under the Transaction Account Guarantee Program is only in effect for depositors at participating institutions through December 31, 2009.


Billpayer Questions
Please contact CheckFree directly with any billpay related issues at 1-800-877-8021.

 

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