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TrustBank Press Releases About TrustBank


TrustBank Opens New Trust Branch in Carbondale Illinois

(May 28, 2010)

TrustBank is happy to announce the opening of a new Trust Branch located at 3200 Fishback Road in Carbondale, Illinois.  Trust services provided by TrustBank can be customized to meet your needs and the needs of your family.  Trust Services include acting as Trustee of a testamentary or living trust, serving as the executor of an estate, or acting as an agent in providing investment management services.  TrustBank is working with Reliance Trust of Atlanta, Georgia, to provide high-end trust operations for its customers.  The Trust Department of TrustBank has assets in excess of $50 million.

Michael Neill, TrustBank Trust Officer, is managing the Carbondale Branch office that opened on April 5, 2010.  Michael has 25 years of experience in the financial services industry.  He is a licensed attorney and is also a Certified Financial Planner.  Michael is available to serve clients from any locale, including Richland and surrounding counties.  Please contact Michael at 800-766-3451 and give him the opportunity to listen to your needs regarding trust services.  TrustBank’s qualified trust personnel are here to provide solutions.

About TrustBank

TrustBank is a wholly owned subsidiary of Rich Land Bancorp, Inc., a one-bank holding company headquartered at 600 E Main Street in Olney, Illinois.  Since 1912, TrustBank has built the bank around its commitment to superior service in providing premier financial products.  With a clear focus on the type of bank they are and who they can best serve they target area businesses, professionals, and those individuals who want a higher level of service and demand a bank that puts its customers first.  As of December 31, 2009, total assets were $157.8 million, with capital of $18.0 million.  Please visit us at www.trustbank.net to learn more.



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Bancorp, Inc. and is registered in the States of Illinois #084194 and
Arizona #50890.
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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.