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In today's cutting edge of technology and the banking world, we, here at CNB, continue striving to bring you, our customers, the latest in all types of financial services at your fingertips. Come in today and let us help you get started on the road to easy access and financial security through our individual accounts, customized for you! As always, CNB appreciates your consideration in choosing the Banking Leader of Breckenridge as your choice of banking! C. Michael Parrack, Chief Executive Officer Deposit Insurance Transaction Account Guarantee Program Citizens National Bank of Breckenridge insures deposits through the FDIC (Federal Deposit Insurance Corporation), which is an independent agency of the United States government. The FDIC protects you against the loss of your deposits if an FDIC-insured bank or savings institution fails. FDIC insurance is backed by the full faith and credit of the United States government. Since the FDIC's creation in 1993, no depositor has ever lost even one penny of FDIC-insured funds. The Dodd-Frank Wall Street Reform and Consumer Protection Act signed by President Barack Obama on July 21, 2010, made permanent the current standard maximum deposit insurance amount (SMDIA) of $250,000. The FDIC coverage limit applies per depositor, per insured depository institution, for each account ownership category. |
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