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Welcome to the Bank of Turtle Lake
We are a full service bank. Please check out all of our Products and Services.
Attention New Visa Gift Cards are available..Please stop in, or call for more information.
2010 Turtle Days poster is now available under News and Events. Save the dates: July 9, 10, 11! |
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TEMPORARY ACCOUNT GUARANTEE PROGRAM
Bank of Turtle Lake is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through June 30, 2010, all non-interest bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. 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. All NOW accounts are covered under this program since the interest rate is .50% or below. All Super NOW accounts are not covered under this program since the rate is above .50%. Regular Savings and MMDA accounts are not covered under this program as they are not considered to be transaction accounts.
After June 30, 2010
Bank of Turtle Lake has chosen not to participate in the FDIC's Transaction Account Guarantee Program. Customers of Bank of Turtle Lake with noninterest-bearing transaction accounts will continue to be insured through December 31, 2013 for up to $250,000.00 under the FDIC's general deposit insurance rules.
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