People's Town & Country Bank, Lewiston State Bank and Bank of American Fork have come together as divisions of People’s Intermountain Bank, creating a community-banking family. By banding together, we can provide even stronger systems, technologies, and products to give you more choices and better control over your money as well as higher loan capacity. We care deeply about our customers and the communities we serve. Our goal is to provide our customers with the personal service and community-banking experience we are known for, coupled with great technology. Each division has a unique name that reflects a long history of serving our communities and will continue to operate under these names.
These divisions are not separately FDIC insured, meaning that if you have deposits at both People's Town & Country Bank, Lewiston State Bank and Bank of American Fork those deposits are aggregated together for purposes of determining the amount of FDIC insurance they are eligible for. FDIC insurance coverage for deposit accounts (checking, savings, money market, and certificates of deposit) is $250,000 per depositor per ownership category.
You may qualify for more than $250,000 in coverage at People’s Intermountain Bank and its divisions if you own deposit accounts in different ownership categories. The most common ownership categories for individual and family deposits are single accounts, joint accounts, revocable trust accounts, and certain retirement accounts. Additionally, we offer Insured Cash Sweep and Certificate of Deposit Account Registry Services, which provide extra FDIC insurance. We will be happy to discuss ways to maximize your FDIC insurance coverage. Please contact us to discuss your options.
For information on insurance coverage limits on your accounts at People's Town & Country Bank, Lewiston State Bank and Bank of American Fork and how to qualify for more insurance coverage, visit the FDIC’s website, https://fdic.gov/deposit. The FDIC also has an easy-to-use online tool called EDIE (Electronic Deposit Insurance Estimator). To access EDIE, go to https://www.fdic.gov/edie/calculator.html.