NOW HIRING

Citizens State Bank Midwest is currently hiring full-time Customer Service Representative for its Cavalier office. Duties include assisting customers with the cashing of checks, accepting deposits and other teller-related transactions as well the cross-selling of other bank services. Applicant must be self-motivating and have excellent communication and organization skills. Submit applications at the Cavalier office.

 

Basic FDIC Insurance Coverage Permanently Increased to $250,000 Per Depositor

Press Release: FOR IMMEDIATE RELEASE July 21, 2010 Media Contact: Andrew Gray (202) 898-7192 Email: Angray@fdic.gov On July 21, 2010, President Barack Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act, which, in part, permanently raises the current standard maximum deposit insurance amount to $250,000. The standard maximum insurance amount of $100,000 had been temporarily raised to $250,000 until December 31, 2013. The FDIC insurance coverage limit applies per depositor, per insured depository institution for each account ownership category. The temporary increase from $100,000 to $250,000 was effective from October 3, 2008, through December 31, 2010. On May 20, 2009, the temporary increase was extended through December 31, 2013. "With this permanent increase of deposit insurance coverage to $250,000, depositors with CDs above $100,000 but below $250,000 will no longer have to worry about losing coverage on those CDs maturing beyond 2013. We strongly encourage all bank depositors who have questions about their insurance coverage to go to our Web site at <http://www.fdic.gov/> and use our Electronic Deposit Insurance Estimator (EDIE) or call our toll-free number at 1-877-ASK-FDIC. Insured deposits provide the comfort and peace of mind to depositors that their money is 100 percent safe - provided they keep their deposit balances within the insurance limits," said FDIC Chairman Sheila C. Bair.