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Total of $3,715 Raised for Disaster Relief Efforts

State Bank of Cerro Gordo, State Bank of Bement, State Bank of Bement Ivesdale Branch and Bement High School collected a grand total of $3,715 in a joint effort for disaster relief in Harrisburg, Illinois. Many families lost everything in the tornado that struck at 5 a.m. on Wednesday, February 22 where six people lost their lives and hundreds of others were injured. A big THANK YOU is in order to all donors who contributed to the Lend a Helping Hand fund and Bulldogs Helping Bulldogs effort. The check was delivered to Harrisburg High School on Thursday, April 12. The Lend a Helping Hand account will remain open at State Bank of Cerro Gordo, State Bank of Bement, and State Bank of Bement Ivesdale Branch and donations will continue to be accepted for this cause.


Important Reminder: Over-The-Counter Sales of Paper Savings Bonds Will Be Discontinued After December 31, 2011 click here to learn more.



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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.

     
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