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FDIC Insurance

Entegra Bank is insured by the FDIC — short for the Federal Deposit Insurance Corporation — an independent agency of the United States government. The FDIC protects you against the loss of your deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

Deposits are insured up to $250,000

As of July 21, 2010, the current standard maximum deposit insurance amount of $250,000 was made permanent. The FDIC coverage limit applies per depositor, per insured depository institution, for each account ownership category.

Customers can learn about FDIC insurance and how to estimate the amount of insurance they have for their accounts at the FDIC website .

NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS

By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor’s accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category. For more information about temporary FDIC insurance coverage of transaction accounts, please visit the FDIC website .