**Attention ZashPay Customers** P2P (personal payments) The Bill Payment “Pay People” tab will be renamed “Popmoney”. We will be upgrading from ZashPay to Popmoney on the morning of June 10th, 2012. This will allow for greater ease-of use, additional functionality, import contacts to a payee list, and send e-greetings along with electronic cash. Popmoney is Five Points Bank P2P (personal payments) product providing our customers the ability to ‘Pay Other People’ anywhere, at anytime, using only the recipient’s email address, mobile number, or bank account from our online banking and bill pay site.
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WARNING: Five Points Bank will NEVER ask you to divulge your personal or account information by email. We warn you to protect your personal information and be cautious of any email that asks you for such information. If you believe you have been solicited by a fraudulent email, please contact Five Points Bank IMMEDIATELY.
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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.