Board of Directors
Gary Taylor, Chairman of the Board
Retired, THE Agency
James Raders
Manager, West Point Mutual Insurance
William Engel
Owner, Engel Jewelry
Carl LinglE
Owner, Lingle Design
Dean Holmes
Grain and Livestock Farmer
Craig Knaack
Retired Educator
Erwin Zueger
Partner, Stockton Service Center
Partner, Stockton Napa Auto Parts
Frederick “Fritz” Kuhlmeier
President & CEO, Citizens State Bank
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.
