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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 a traditional checking account or demand deposit account on which the insured depository institution pays no interest.  It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, money-market deposit accounts, and Interest on Lawyers Trust Accounts (“IOLTAs”).

 

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.

 

Welcome to the Lamesa National Bank Web Site. We hope you will look around at the information that is available. If you have suggestions about how we can improve our site, please let us know.

2011 marked the 105th Anniversary of Lamesa National Bank. We are honored to have played a small part in the growth of this area and are keenly aware of our responsibility to foster continued growth through the exercise of sound banking principles and local involvement wherever needed.

As Lamesa's only home owned and operated bank, we are proud of our tradition of providing outstanding service to the Dawson County community and look forward to continuing that tradition into the next century.