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Redstone Bank
15765 East Arapahoe RoadCentennial, Colorado 80016
720.880.5000
Redstone Bank
Centennial, Colorado 80016
720.880.5000
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720-880-5000
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FDIC Equal Housing Lender
On October 3, 2008 FDIC deposit insurance temporarily increased from $100,000 to $250,000 per depositor. This temporary increase will remain in effect through December 31, 2013. On January 1, 2014, deposit coverage will revert to $100,000 per depositor except for IRA accounts, which will be covered at the $250,000 level.
Additionally, Redstone Bank is participating in the FDIC’s Transaction Account Guarantee Program (TAGP). Under this program, all noninterest bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account through December 31, 2010. This includes NOW and other transaction accounts earning .25% or less. Coverage under the TAGP is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules. This additional coverage does not apply to savings, Certificates of Deposit, IRAs or other non-transactional accounts.