Many of our bank customers have had automated phone calls or text messages today, notifying them (incorrectly!) that their debit cards have been blocked or cancelled. This automated system then prompts them to enter their debit card number and Social Security number for verification. However, the system does not provide a return phone number. These calls/texts are SPAM! Our debit card company would never use an automated system to call our customers, nor would they ever ask you to divulge your entire debit card number. This scam is not limited to CentreBank customers only, as we have heard reports of other banks’ customers having the same issue.
As a reminder, only give out your debit card information to companies or people you know or trust. If you have any questions, please contact our Operations department at (765) 294-2228, extension 5.
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 temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.