Bank of Locust Grove

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For over sixty years, Bank of Locust Grove has been providing full service banking to Locust Grove and the surrounding communities. Our goal has been to provide the same financial products and services you’ll find at much larger banks. Combine that with our focus on customer service and personal attention and you have a bank that is small enough to care yet big enough to meet your needs.

Thanks for visiting our website. We hope that you will find all of the information you could possibly need here. If you have any difficulties finding anything, please feel free to call our offices at (918) 479–5225.

 

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 receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC).  Beginning January 1, 2013, all of a depositor’s  accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.

For more information about FDIC insurance coverage of noninterest-bearing transaction accounts, visit: http://www.fdic.gov/deposit/deposits/unlimited/expiration.html 

 

 

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