NEWS & EVENTS

Welcome to Southern States Bank's News portion of our website. Here you can stay up-to-date with all of the bank happenings and important announcements.

FDIC-seal

November 26, 2012

Notice of Expiration of Temporary FDIC Coverage

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 […]

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penny

September 4, 2012

FDIC’s Electronic Deposit Insurance Estimator (EDIE)

EDIE lets consumers and bankers know, on a per-bank basis, how the insurance rules and limits apply to a depositor’s specific group of deposit accounts—what’s insured and what portion (if any) exceeds coverage limits at that bank. EDIE also allows […]

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FDIC-seal

September 4, 2012

Notice of Changes in Temporary FDIC Insurance Coverage For Transaction Accounts

In Accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act, from December 31, 2010 through December 31, 2012, all funds in “noninterest-bearing transaction accounts” are insured in full by the Federal Deposit Insurance Corporation.  This unlimited coverage is […]

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