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Important notice: Recent FDIC insurance increases

May 20, 2009

Still safe. Still secure. Still Sunflower.

Recent FDIC changes make this a great time to increase your savings relationship. Contact us with any questions.

  • On October 3, 2008, FDIC deposit insurance increased to $250,000 per depositor, effective through December 31, 2013.
  • On October 14, 2008, funds held in non-interest bearing transaction deposit accounts – personal or business – are insured in full by FDIC deposit insurance coverage. This increased coverage remains in effect until December 31, 2013, at institutions participating in the FDIC’s Transaction Account Guarantee Program. Sunflower Bank is participating in the FDIC’s Transaction Account Guarantee Program. * Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules. NOW accounts paying interest in excess of 0.50% are not covered by this program.

What does this mean for you?

  • Coverage is automatic – you need to do nothing in order to get the higher insurance. The FDIC’s changes already have been impelemented and you currently enjoy higher coverage on your deposit accounts.
  • Increased deposit insurance amounts help you save more money with Sunflower Bank, in several accounts, if you wish. That money is covered by FDIC deposit insurance.

Again, Sunflower Bank has chosen to participate in the FDIC’s Transaction Account Guarantee Program. We’re committed to the safety and security of your accounts, and your continued peace of mind.

With any questions about FDIC coverage limits, please contact us by email or by phone at 1-888-827-5564. Thank you for banking with Sunflower Bank.


*May not apply to non-interest bearing deposit accounts with a sweep feature. Non-deposit investment accounts are not FDIC insured. Contact us with questions.

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Sunflower Bank is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31, 2009,
all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. LEARN MORE >