HEALTH SAVINGS ACCOUNTS

If you are covered by a high deductible health plan, you may eligible to open a Health Savings Account (HSA) that allows for payment of qualified medical expenses to be on a tax-free basis.  There are several benefits to opening and funding a HSA before year end to help maximize your tax savings.  Please visit with a bank employee for further information on our new HSA product. 

TRANSACTION ACCOUNT GUARANTEE PROGRAM

Ruby Valley National Bank is participating in the FDIC's Transaction Account Guarantee Program.  Under that program, through December 31, 2009, all non-interest 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 separate from the coverage available under the FDIC's general deposit insurance rules. 

FDIC INSURANCE EXPLAINED

To help you understand how Federal Deposit Insurance Corporation or FDIC can protect your deposits, we have a short video that will explain how you can receive the maximum amount of coverage for your deposits at Ruby Valley National Bank as well as any other FDIC insured bank.  Please click here to watch the "FDIC Insurance Explained" video.

To check the amount of FDIC coverage you have, please visit  myFDICinsurance.gov.  You will need your account balances, how they are titled and any beneficiaries on the account to provide an accurate analysis of your insurance protection.  As always, please feel free to come see us or call us and we can help you maximize your insurance coverage at the Bank.