The Dodd-Frank Wall Street Reform and Consumer Protection Act signed by President Barack Obama on July 21, 2010, made permanent the current standard maximum deposit insurance amount (SMDIA) of $250,000. The FDIC coverage limit applies per depositor, per insured depository institution, for each account ownership category.

For more details speak to a Brentwood Bank customer service representative or go to; http://www.fdic.gov/news/news/financial/2010/fil10040.html

Brentwood Bank continues to participate in the FDIC’s Extended Transaction Account Guarantee Program. Under that program, through December 31, 2012, all noninterest-bearing transaction accounts at participating institutions are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules.

Brentwood Bank’s Regular Checking, Interest Checking, Premier Gold Checking, Business Checking and Interest on Lawyers Trust Accounts (IOLTA) are considered noninterest bearing transaction accounts under the FDIC’s Transaction Account Guarantee Program.

Brentwood Bank’s Proof Positive Investment Checking, Non-Profit Proof Positive Investment Checking, Premier Money Market, and Money Market Accounts are not eligible to be fully insured under the FDIC's Transaction Account Guarantee Program.