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Spring Hill State Bank has chosen not to participate in the FDIC’s Transaction Account Guarantee Program. Customers of Spring Hill State Bank with noninterest-bearing transaction accounts will continue to be insured through December 31, 2013 for up to $250,000 under the FDIC’s general deposit insurance rules. A depositor carrying balances in covered "transaction accounts" in excess of $250,000 may contact Gary Taylor, EVP, at the bank to explore the options available for additional deposit protection. |
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