Thinking about purchasing your first home, buying a new home or maybe just remodeling? Maybe you need money to finance you or your children’s education or dream vacation? Whatever your borrowing needs are, a Pelham Banking Company loan representative would love the opportunity to help you in determining the loan option that is right for you. We offer a full array of Personal and Commercial lending options.
Auto & Personal Loans
Personal Lines of Credit
Commercial Line of Credit
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