NOTE: 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.
Pan Pacific Bank located in Fremont, California is a
community bank serving Alameda and Santa Clara Counties.
Committed to the banking needs of our clients we offer
you a team of experienced banking professionals.
Providing a full range of bank products and services
that reflect the growing sophistication and complex
financial needs of our business and individual clients,
we stand ready to support your business operations.
At Pan Pacific Bank, we are committed to providing you
an exceptional level of client service. We invite
you to experience the difference…..Pan Pacific Bank