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Notice of Changes in Temporary FDIC Insurance Coverage for Transaction Accounts

All funds in a “noninterest‐bearing transaction account” are insured in full by the Federal Deposit
Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited
coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors
under the FDIC’s general deposit insurance rules.

The term “noninterest‐bearing transaction account” includes a traditional checking account or demand
deposit account on which the insured depository institution pays no interest. It also includes Interest on
Lawyers Trust Accounts (“IOLTAs”). It does not include other accounts, such as traditional checking or
demand deposit accounts that may earn interest, NOW accounts and money‐market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit

Pelham Banking Company
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