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Welcome
To Bay Port State Bank...
Over 100 years ago, the Bay Port State Bank of
W.H.
Wallace and Company was established to serve the financial
needs of the area.
The Bay Port State Bank is proud to be part of this
growing community and looks forward to many more years of
service.
2012 Junior Golf
Tournament Entry Form
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The original Bay Port State Bank
location over 100 years ago!
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 also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.
For More information about FDIC insurance coverage of transaction accounts, visit
www.fdic.gov.
On July 21, 2010, the FDIC Deposit Insurance was permanently raised to $250,000 per depositor, per insured depository institution, for each account ownership category.
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