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One year to all-electronic SS payments Treasury has announced the start of an official countdown clock, marking the time left until the March 1, 2013, deadline when all federal benefit recipients must receive their Social Security (SS) and other federal benefit payments electronically.

Please click on Security Alert below. Updated August 20, 2012.

Security Alert

If anyone asks for your username, please report it to your local branch. Learn how
to protect yourself from identity theft

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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. For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.

© 2008-2012 Community South. Links to third-party websites are provided solely as a convenience to you. Community South has not reviewed all of these third-party sites and does not control and is not responsible for any of these sites or their content. Thus, Community South does not make any representations about them, or any information, software or other products or materials found there, or any results that may be obtained from using them. If you decide to access any third-party websites, you do this entirely at your own risk.

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