NEWS

FUNDS AVAILABILITY CHANGES EFFECTIVE JULY 21, 2011

BEGINNING JULY 21, 2011 FUNDS AVAILABILITY REGARDING CHECK DEPOSITS: OUR POLICY IS TO MAKE FUNDS FROM MOST OF YOUR CHECK DEPOSITS AVAILABLE TO YOU ON THE FIRST BUSINESS DAY AFTER THE DAY WE RECEIVE THEM. FOR LONGER HOLDS $200 WILL BE AVAILABLE NEXT DAY. FULL DISCLOSURE INFORMATION IS AVAILABLE AT ANY BRANCH.

NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE

All funds in a “ noninterest-bearing transaction account “ are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010.This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules. The term “ noninterest-bearing transaction account” includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts (IOLTA). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.

STANDARD INSURANCE COVERAGE AMOUNT OF $250,000 MADE PERMANENT

The Dodd-Frank Wall Street Reform and Consumer Protection Act signed by President Obama on July 21,2010, made permanent the current standard maximum deposit insurance amount of $250,000. The FDIC coverage limit applies per depositor, per insured depository institution, for each account ownership catagory.

FOR INFORMATION ON FDIC COVERAGE ON YOUR DEPOSITS VISIT THE FDIC calculator at: https://www.fdic.gov/edie/index.html

WHAT YOU NEED TO KNOW ABOUT OVERDRAFT FEES

Effective August 15, 2010 Banks can no longer charge fees to existing customers for One Time ATM and Point of Sale (POS) card transactions that create an overdraft unless customers have had the opportunity to agree to the fees or OPT IN. Prince George's Federal has updated our Courtesy Pay Program to OPT OUT ALL our customers.

PGFSB will NOT be charging any fees for One Time ATM and Point of Sale (POS) card transactions that create an overdraft. The items will be paid and fees waived.

TO REPORT LOST OR STOLEN DEBITS CARDS DURING BUSINESS HOURS PLEASE CALL YOUR LOCAL BRANCH.

FOR WEEKENDS AND AFTER HOURS  PLEASE CALL: 1 800-554-8969