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 Press Releases About TrustBank


John S. Kermicle Joins Board

(April 17, 2006)
John S. Kermicle was elected to TrustBank’s Board of Directors at their April 17th meeting.

Kermicle grew up near Dundas, graduated from East Richland High School, attended the University of Illinois and graduated with a B.S. in Agricultural Economics. Following college, John worked for Secretary of Agriculture John Block’s Public Liaison Office in Washington, D.C. In 1984, John returned home to work for AgriGold Hybrids, which develops, produces and sells elite corn hybrids in twelve states. He currently serves as General Manager for AgriGold, now one of the five largest seed corn brands in the United States.

John and his wife, Tineke, are active members of Olney Southern Baptist Church. Their son Taylor is a freshman at the University of Kentucky, daughter Kate is a junior at East Richland High School, and their youngest daughter, Madalyn, is in the eighth grade at East Richland Middle School.



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NOTICE OF EXPIRATION OF THE TEMPORARY 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 accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.