Federal Deposit Insurance Corporation (FDIC) deposit insurance has permanently increased to $250,000 per depositor. All deposits above this amount are insured by the Depositors Insurance Fund (DIF).

What this means to you here at East Cambridge Savings Bank is the same it has meant prior to the change taking effect, your deposits are fully insured. Even though the FDIC may have increased the insured balance, East Cambridge Savings Bank has always had additional insurance, Depositors Insurance Fund (DIF), to cover your balances over and above the FDIC limit.

Beginning July 1, 2010, East Cambridge Savings Bank will no longer participate in the FDIC’s Transaction Account Guarantee Program. Thus, after June 30, 2010, funds held in noninterest-bearing transaction accounts will no longer be guaranteed in full under the Transaction Account Guarantee Program, but will be insured up to $250,000 under the FDIC’s general deposit insurance rules.

If you have any questions about deposit insurance for your accounts at East Cambridge
Savings Bank, we would be happy to assist you.

Please visit the following websites for additional information:

• www.fdic.gov/deposit (FDIC)
• www.difxs.com (DIF)
• www.myFDICinsurance.gov (FDIC coverage calculator)

How can we help you?
To find out how we can help you, please stop by any branch office, complete our information request form or give us a call at 1.866.354.ECSB (3272)