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Pawleys Island, SC |
Toll Free: 1-866-287-6002
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About Us
Mission Statement Palmetto Heritage Bank & Trust‘s mission is to serve the financial needs of the individuals and businesses in Georgetown and Horry Counties with particular emphasis on the “Waccamaw Neck” area and in Charleston County at Mount Pleasant by offering a broad range of quality financial products and services. As a corporate citizen, the Bank will support the communities and civic activities that promote the future growth and success of each community. Palmetto Heritage Bank & Trust has made a commitment to the “Waccamaw Neck” area and Mount Pleasant and to the individuals and businesses in this area. This commitment is to provide quality financial products and services from a local bank to the local individual or business. SERVICE IS OUR TRADITION!  |
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.
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