Citizens Community Bank
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Your CCB

 

 

 

 

              James R. Black 

   President & Chief Executive Officer  

           james.black@ccbsite.com

 

  • Joined Citizens Community Bank on October 16, 2006
  • Named Chief Financial Officer for Citizens Community Bank on May 11, 2007
  • Named President & Chief Executive Officer for Citizens Community Bank on November 2, 2012
  • Prior to 2007, six years of CFO experience with other community banks
  • Six years experience as bank examiner, Federal Reserve Bank of Richmond
  • Chartered Financial Analyst, 1999 (CFA)
  • B.S. in Finance/Economics, May 1993, Virginia Commonwealth University
  • Native of Chesterfield County, VA

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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