About Pelham Banking Company
Chartered in 1910, Pelham Banking Company has been providing personalized financial products and services for over 100 years in Pelham and Mitchell County and in the surrounding areas. As a community bank, dedicated to its customers and the community in which it serves, Pelham Banking Company has helped individuals, families and businesses achieve their dreams by offering financial products they desire and deserve
Pelham Banking Company encourages all of its employees to be involved in and committed to our local community. Whether through volunteer organizations, community and public interest organizations or professional associations, PBC does more than simply boast about our involvement, we prove our commitment through our active participation.
PBC employees continue to log numerous hours of actively participating on boards and community projects.
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 FDIC insurance coverage of noninterest-bearing transaction accounts, visit http://www.fdic.gov/deposit/deposits/unlimited/expiration.html