PIONEER FEDERAL SAVINGS AND LOAN ASSOCIATION, a mutual thrift chartered in 1912, operates offices in Dillon and Deer Lodge, Montana. The Association has 20 full time and 2 part time employees, has approximately $95 million in total assets, and is recognized as a well capitalized Institution.
Although specializing in home loan lending, PIONEER FEDERAL SAVINGS AND LOAN ASSOCIATION offers many traditional financial products such as checking accounts, certificates of deposit, IRAs, consumer and home improvement loans. Our home loan offerings include in house as well as secondary market programs. Loans are also available for rental properties, second homes and commercial purposes. Additionally, services such as Internet Banking and debit cards are included in our offerings. ATMs and Drive Up services are available in both locations.
PIONEER FEDERAL SAVINGS AND LOAN ASSOCIATION is a very community oriented financial institution providing quick, local, friendly, personal service to individuals and businesses. At PIONEER FEDERAL, we do the right thing for the right reasons. We are community minded like you and believe in investing back into our local communities.
Notice of Expiration of the Temporary Full FDIC Insurance Coverage
NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS
By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC).
Beginning January 1, 2013, all of a depositor’s accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.
For more information about FDIC insurance coverage of noninterest-bearing transaction accounts, visit http://www.fdic.gov