Welcome to HomeBank of
Arkansasís web site!
We are proud to provide you with the best banking
Please come by any one of our six locations and meet a
friendly group of people willing to work hard to meet your banking needs.
Donít forget - you can bank by telephone or the Internet 24 hours a day
If there is anything we can do to make your banking experience better, just
pick up the phone or stop by. Remember - banking shouldnít be difficult, so
come on home to HomeBank of Arkansas!
NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE
COVERAGE FOR TRANSACTION ACCOUNTS
All funds in a "noninterest-bearing transaction account" are insured in full
by the Federal Deposit Insurance Corporation from December 31, 2010, through
December 31, 2012. 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 ("IOLTAs"). 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.
Unlawful Internet Gambling
The Unlawful Internet Gambling enforcement Act (UIGEA)
of 2006 prohibits any person engaged in the business of betting or wagering,
as defined in the Act, from knowingly accepting payments in connection with
the participation of another person in unlawful Internet gambling. The
Department of the Treasury and the Federal Reserve Board have issued a joint
final rule, Regulation GG, to implement this Act.
As defined in Reg GG, unlawful Internet gambling means to 'place, receive or
otherwise knowingly transmit a bet or wager by any means which involves the
use, at least in part, of the Internet where such a bet or wager is unlawful
under any applicable Federal or State law or tribal lands in which the bet
or wager is initiated, received or otherwise made'.
As a customer of HomeBank of Arkansas, unlawful Internet gambling
transactions are prohibited from being processed through your account or
banking relationship. HomeBank of Arkansas will not open accounts for
customers engaged in any Internet gambling business, including legal
Internet gambling businesses.
Contact HomeBank of Arkansas at 501-679-7283 for additional information
regarding Reg GG.