Notice of Changes in Temporary FDIC
Insurance Coverage for Transaction Accounts
The FDIC’s temporary insurance initiative called the Transaction Account Guarantee (TAG) program - introduced in 2008 by the FDIC for all banks as a result of the financial crisis - expired December 31,
The general insurance program continues as before, without interruption. Your deposits are protected according to the FDIC’s general insurance rules. Click here for additional information from the FDIC.
American Momentum Bank has exceptionally strong capital and is highly liquid. In fact, we are one of the strongest, most secure banks in the country.
Ask an American Momentum banker about deposit products tailored to your unique needs.