NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

All funds in a “non interest-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.

BOARD OF DIRECTORS


 

 

Barbara A. Bakshis
Executive Vice President
Fox River State Bank
Burlington

Kevin S. Bird
Vice President and CFO
The Wanasek Corporation
Burlington
 

Craig Faust
President
Hi-Liter Graphics
Burlington


Robert P. Fettig
CEO
Tankcraft Corporation
Darien

David J. Lynch

Chairman

Lynch Companies

Burlington 



“Most banks today offer very similar
products and services, however FRSB
is the bank that works with your needs
in the most positive fashion to provide
you the best financial solution and
certainly the one that makes you feel
like a special customer each time you
call their number or walk through their doors.” “Fox River State Bank – a small town bank with the added products and services of a big city.” 
                  -- Maria Veronico Ventura

 Joseph T. Majewski M.D.
 General Surgeon
 AMG-Burlington Clinic
 Burlington

 

 Keith E. Pollek
 President and CEO
 Fox River State Bank
 Burlington

 John G. Nanna
 Chairman of the Board
 Business Consultant
 Lake Geneva

 James L. Wanasek
 CEO and Chairman
 The Wanasek Corporation
 Burlington

 Tim Wegge
 President and CEO
 Burlington RV Superstore
 Burlington


 

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