FDIC Coverage

Transaction Account Guarantee Program

Partners Bank of California participates in the FDIC’s Transaction Account Guarantee (TAG) Program.
Under this program, you receive unlimited FDIC coverage on deposits held in any Partners Bank noninterest and interest bearing checking accounts that pay interest no greater than 0.50% through June 30, 2010. Effective July 1, 2010, the maximum interest rate limit will be 0.25% for accounts guaranteed under the TAG Program. Coverage under the TAG Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.

General Deposit Insurance Summary

Partners Bank of California deposit accounts are FDIC insured up to $250,000 per depositor.
Separate from the TAG Program, the $250,000 limits apply to your checking, savings, money market, and certificate of deposit accounts at Partners Bank of California. There is no need to apply for or request the additional coverage; it is automatic for all banks that are members of the FDIC, which includes Partners Bank of California. With these new limits, your ability to maximize your coverage has increased dramatically.

Here is just one example of how you could be covered up to $1,000,000:

Account Owner	Account Type	Account Balance
John Q. Customer	Partners Interest Checking	$250,000
Mary Z. Customer	Partners Money Market	$250,000
John Q. and Mary Z. Customer	Partners Certificate of Deposit	$500,000 ($250,000 per owner)
	Total Deposits	$1,000,000
	Total Amount Insured	$1,000,000

Here is a summary of the new FDIC insurance coverage limits:

Single Accounts (owned by one person)	$250,000 per owner
Joint Accounts (two or more persons)	$250,000 per co-owner
IRAs and certain other retirement accounts	$250,000 per owner
Trust Accounts	$250,000 per owner per beneficiary subject to specific limitations and requirements
Corporation, Partnership and Unincorporated Association Accounts	$250,000 per corporation, partnership or unincorporated association
Employee Benefit Plan Accounts	$250,000 for the non-contingent, ascertainable interest of each participant
Government Accounts	$250,000 per official custodian
Non-interest Bearing Transaction Accounts	Unlimited coverage through December 31, 2010 for Partners Bank clients, as the Bank is participating in the FDICs Temporary Liquidity Guarantee Program.

If you have questions about the FDIC coverage on your Partners Bank accounts, please contact your Partners Bank of California representative at (949) 732-4000 or visit the FDIC website at www.fdic.gov.