November 8, 2012 -
Click here for important information regarding the expiration of the Temporary Full FDIC Insurance Coverage for Noninterest-Bearing Transaction Accounts.
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/deposit/deposits/unlimited/expiration.html.
Mark Utti of Seaside wins the Community Applause Award embodying the spirit of community leadership. (Reposted from Oregon Bankers Association)
Read more...We want to congratulate Jami Reynolds, VP / Human Resources, on her graduation from the Executive Development Program conducted by the Oregon Bankers Association.
Read more...The Commercial Real Estate Visionaries Summit was a resounding success, bringing together a vibrant crowd of about 65 attendees from across Washington, Clackamas, and Multnomah counties. This event was a testament to the power of community and the importance of staying informed in today’s dynamic market.
Read more...