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 Press Releases About TrustBank


Jacob Shope Joins TrustBank Team in Arizona

(July 30, 2008)

To support the continued loan growth and expanded activity for the Arizona market, TrustBank is pleased to announce the addition of Jacob Shope, Vice-President / Commercial Lender.

Jacob brings a wealth of banking experience and local knowledge to TrustBank. Jacob is a native Arizonan and received his BS in Finance from Arizona State University. Jacob started his banking career early with an internship at Bank One as a Financial Analyst while still at ASU. Jacob has worked with several banks in the Phoenix market including Wells Fargo, N.A. and most recently with Community Bank of Nevada.

During his banking tenure Jacob has worked in many facets of the lending arena with experience in CRA Real Estate, Small Business and Commercial Real Estate Lending. He is also a graduate of the Wells Fargo College of Commercial Credit.

Jay Cross, Regional President, states “Jacob’s knowledge of the Arizona markets coupled with his years of banking experience make him an excellent addition to our Arizona Team”.

Jacob and his wife Tiffani are residents of Phoenix, Arizona.


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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.