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Welcome to Bank of Erath
Bank of Erath would like to thank you for viewing our web site. We invite you to visit our web site often or call us if we can help you with any of your banking needs.
Bank of Erath’s Internet Banking provides you with the ability to:
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- Access to your account information at any time
- View your current and previous monthly activity
- Transfer funds between accounts
- Make online bill payments
- Contact us
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Fraud Alert:
Bank of Erath does not call customers to obtain an account number, social security number or PIN. We do not send emails asking you to update or confirm account information. The security of your assets and information is a top priority for Bank of Erath
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To report a lost or stolen Bank of Erath credit or debit card:
Please call (800)554-8969. |
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Temporary Unlimited Coverage for Noninterest-bearing Transaction Accounts
From December 31, 2010 through December 31, 2012, all noninterest-bearing transaction accounts are fully insured, regardless of the balance of the account and the ownership capacity of the funds. This coverage is available to all depositors, including consumers, businesses, and government entities. The unlimited coverage is separate from, and in addition to, the insurance coverage provided for a depositor’s other accounts held at an FDIC-insured bank.
A noninterest-bearing transaction account is a deposit account where:
- interest is neither accrued nor paid;
- depositors are permitted to make an unlimited number of transfers and withdrawals; and
- the bank does not reserve the right to require advance notice of an intended withdrawal.
Note: Money Market Deposit Accounts (MMDAs) and Negotiable Order of Withdrawal (NOW) accounts are not eligible for this temporary unlimited insurance coverage, regardless of the interest rate, even if no interest is paid.
For more information see FDIC Frequently Asked Questions on the Dodd-Frank Act at www.fdic.gov/deposit/deposits
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