On July 21, 2010, President Barack Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act, which, in part, permanently raises the current standard maximum deposit insurance amount to $250,000. The FDIC insurance coverage limit applies per depositor, per insured depository institution for each account ownership category.

Visit My FDIC Insurance to find out how your money is protected at North Akron Savings Bank.

You may also call a toll-free assistance line to receive help about deposit insurance and other matters of interest at 1-877-ASK FDIC (1-877-275-3342) Monday through Friday from 8 a.m. to 8 p.m., Eastern Time. For the hearing impaired, the number is 1 (800) 925-4618.

The FDIC insures deposits at the nation's 7,932 banks and savings associations and it promotes the safety and soundness of these institutions by identifying, monitoring, and addressing the risks to which they are exposed. The FDIC receives no federal tax dollars - insured financial institutions fund its operations.