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This is to advise you that Bank Star participates in the FDIC’s Transaction Account Guarantee Program.
Under that program, your non-interest bearing transaction accounts with Bank Star have unlimited FDIC deposit insurance through December 31, 2010.
This insurance is in addition to the FDIC’s normal deposit insurance coverage of $250,000.
Unless extended by the FDIC, this additional insurance and the current base deposit insurance coverage of $250,000 are available only through December 31, 2013.
At that time, FDIC deposit insurance coverage will revert to $100,000.
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