Citizens Community Bank
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James A. Butts, III

James A. Butts, III - Secretary

Director, 2008

Partner, Butts and Butts, P.C., a law firm, South Hill, Virginia

Butts is a practicing attorney in the family firm of Butts and Butts, P.C. based in South Hill since 1949. He earned his undergraduate degree at Wake Forest University and his law degree at the University of Richmond's T.C. Williams Law School. A lifelong resident of the community, he and his wife Ursula reside in South Hill.
 
"Jimmy's local expertise and legal counsel have been invaluable to our advisory panel during his tenure," says CCB President and CEO Thomas C. Manson. "In his new role, I'm confident he'll continue to provide us with guidance and leadership that benefits our community bank."

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

For more information about FDIC insurance coverage of noninterest-bearing transaction accounts, visit http://www.fdic.gov/deposit/deposits/unlimited/expiration.html

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