FDIC insured banks are best place to keep money

[Pages:1]Our Nation's FDIC-Insured Banks are the Safest Place to Keep your Money

HOMEBANK reminds customers that FDIC insured bank accounts are the safest place to keep your money in these trying times.

"Your deposit value is not affected by daily stock market fluctuations, and all deposits are backed by the full faith and credit of the federal government through the Federal Deposit Insurance Corp. (FDIC) up to $250,000 or, depending on the structure of the account, perhaps more," says HOMEBANK CEO Joseph Thomas. Since the FDIC was founded in 1933, no one has ever lost a penny of FDIC-insured funds.

"HOMEBANK is stable, well-capitalized and financially strong," he continues."We are a 5-star-rated bank by Bauer Financial and considered by the FDIC to be in a strong capital position. We've been around for generations, and we have weathered many storms. We are here to serve our customers and communities for the long haul. We are here to help."

Member FDIC

FDIC insurance covers all types of deposits received by a financial institution in its usual course of business, including savings and checking accounts, NOW accounts, money market deposit accounts, Christmas club accounts, and time deposits like certificates of deposit. Cashiers' checks, officers' checks, expense checks, loan disbursement checks, interest checks, outstanding drafts, negotiable instruments and money orders drawn on the institution are also protected by the FDIC.

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