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Phone: (800) 766-3451

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TrustBank Press Releases About TrustBank


Michael G Neill joins TrustBank

(June 3, 2010)

TrustBank is pleased to announce that Michael G. Neill has joined them as Trust Officer.  Michael has 25 years of experience in the financial services industry.  He is a licensed attorney and is also a Certified Financial Planner Certificant.

Michael is managing the Carbondale, Illinois Branch that opened on April 5, 2010.  The Branch is located at 3200 Fishback Road, Carbondale, IL 62901.  In addition to clients from Carbondale, Michael is able to serve clients from the Olney area as well.

TrustBank is working with Reliance Trust of Atlanta, Georgia, to provide high end trust operations for their customers.  The Trust Department of TrustBank has assets in excess of $50 million.  Please feel free to contact TrustBank for additional information about trust services.

Mike Neill

Michael G. Neill, JD, CFP®
Trust Officer

Mike is located at the TrustBank™ Trust Branch at 3200 Fishback Road, Carbondale, IL 62901.  

Call Mike at (618) 395-4311 or
(800) 766-3451. E-mail him at: Mike.Neill@trustbank.net

 


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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.