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 Press Releases About TrustBank


Martin W. Atwood and Steven L. Schonert Join Board

(June 9, 2005)
Martin W. Atwood and Steven L. Schonert were elected to TrustBank’s Board of Directors at their May 19, 2005 meeting.

Atwood was raised near Mt Erie, graduated from Cisne High School, attended Olney Central College and graduated from Southern Illinois University with a B.S. in Plant Industries.

Atwood worked for 22 years as County Supervisor for the Farmers Home Administration in Olney. He currently operates a grain farm with his son, Troy. They farm in Richland, Wayne and Clay counties. He is an active member of the First United Methodist Church.

Martin and his wife, Shirley, are the parents of two sons, Troy Atwood and Dr. Brian and Susan Atwood. They are the grandparents of five grandsons and one granddaughter.

Schonert has been a partner with Kemper CPA Group LLP since October 1, 1986 and currently manages the Olney office. After transferring from Olney Central College, Steve graduated from University of Illinois with a B.S. in Accounting. He is currently a member of both the American Institute of Certified Public Accountants (AICPA) and the Illinois Society of Certified Public Accountants (ICPA). Steve has consulting experience in several industries including banks, wholesaling companies, manufacturing companies and employee benefit plans. In addition to advising small business clients, he works extensively with individuals in the areas of tax preparation, planning and financial consulting.

In addition to his work, Steve is a member of the First United Methodist Church and has served as Treasurer, Finance Chairman and Chairman of the Church Board. He is also a member of the Board of Big Brothers/Big Sisters of Richland County.

Steve is supported at home by his wife Maridel, a public school teacher and two sons, Jonathan and Neil. Jonathan is currently a student at University of Illinois and Neil is a student at Olney Central College.



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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.