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FDIC Transaction Account Guarantee Program

GulfShore Bank is participating in the FDIC's Transaction Account Guarantee Program. Under that Program, through December 31, 2012, 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 separate from the coverage available under the FDIC's general deposit insurance rules.

In accordance with the FDIC's definition of "noninterest-bearing transaction accounts" the following accounts offered by GulfShore Bank are covered under the Transaction Account Guarantee Program:  Mainsail Checking, Lighthouse Community Checking, Compass Business Checking, Navigator Commercial Checking, Lockbox Checking and Interest on Trust Account (IOTA).

Due to its tiered interest rate structure, the Admiral Checking account is not eligible for coverage under the Transaction Account Guarantee Program; however, it is still insured up to $250,000 per depositor under the FDIC's general deposit insurance rules.

For more information please visit http://www.fdic.gov/deposit/deposits/changes.html