Welcome to ReadlynSavingsBank.com
Thank You for visiting us at our on-line location! Readlyn Savings Bank, an independent, community bank since 1904, has always been dedicated to Taking Good Care of You! ~ our customers. Our mission for 100 years has been to better serve our customers and our community. We are excited about offering to You the convenience of our internet banking product, e-RSB. Also, we think our website will be a valuable source of information for the community. Please explore our different products and services to learn how we might best serve You. Thanks for visiting RSB on-line and we look forward to greeting You in person at the Bank!
Ed Traeger, President & CEO
NOTICE OF CHANGES IN TEMPORARY FDIC
INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS
All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010 through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.
The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.