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FDIC News


Temporary Liquidity Guarantee Program

American Trust Bank of East Tennessee is participating in the FDIC’s Transaction Account Guarantee Program. Under this program, through December 31, 2010, all noninterest-bearing transaction accounts* are fully guaranteed by the FDIC for the entire amount in the account.  Coverage under the Transaction Account Guarantee Program is in addition to and seperate from the coverage available under the FDIC's general  deposit insurance rules.

*This includes our IOLTA accounts and excludes all of our NOW accounts.

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Notice - Unlawful Internet Gambling Enforcement Act of 2006

This notification is provide pursuant to the Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006 and Regulation GG.  The Act prohibits any person engaged in the business of betting or wagering from knowingly accepting payments in connection with the participation of another person in unlawful Internet gambling.  As an accountholder, these restricted transactions are prohibited from being processed through the account or relationship with us.