Appendix B to Part 307 - Institution Letterhead
12:5.0.1.1.5.0.1.4.2 : Appendix B
Appendix B to Part 307 - Institution Letterhead [Date] [Name and
Address of Depositor] SUBJECT:
Notice to Depositor of Voluntary
Termination of Insured Status
The insured status of [name of insured depository
institution], under the provisions of the Federal Deposit
Insurance Act, will terminate as of the close of business on
[state the date] (“termination date”). Insured deposits in
the [name of insured depository institution] on the
termination date, less all withdrawals from such deposits made
subsequent to that date, will continue to be insured by the Federal
Deposit Insurance Corporation, to the extent provided by law, until
[state the date]. The Federal Deposit Insurance Corporation
will not insure any new deposits or additions to existing deposits
made by you after the termination date.
This Notice is being provided pursuant to 12 CFR 307.3.
Please contact [name of institution official in charge of
depositor inquiries], at [name and address of insured
depository institution] if additional information is needed
regarding this Notice or the insured status of your account(s).
Sincerely, By: [Name and Title of Authorized Representative]