FDIC insurance coverage on your accounts has been temporarily increased from $100,000 to $250,000 per depositor. This is only a temporary increase, authorized by the FDIC and the US Federal Government under the Emergency Economic Stabilization Act of 2008. The increased coverage expires December 31, 2013. What this means for you is that your money is safe and sound when you deposit your money in an FDIC insured community Bank. If you have questions about your FDIC coverage, please call or stop in to talk to one of our employees.
Click this link to use the FDIC's Insurance calculator to see if all of your funds are insured.
Farmers and Merchants State Bank
125 E James Street P.O. Box 137
Paynesville,MN 56362
(320)-243-3702
Fax (320)-243-4780
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