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Archive for December, 2012

Jewett City Savings Bank supports 4 local food pantries with over $10,000 in grants

Kevin C. Merchant, president of the Jewett City Savings Bank Foundation, announced today that $10,700 was awarded to four area food pantries in the Foundation’s most recent round of funding. The awards were presented at a reception held recently in Griswold. “We are pleased to support our local food pantries,” said Merchant, “especially in today’s […]

Notice of expiration of the temporary full 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 transaction accounts, […]