On June 23, 2011 at 6:00PM CST, Branson Bank will temporarily take network services offline in order to perform a software platform upgrade. The upgrade will allow the Bank to take advantage of improvements that allow more flexibility in creating and managing products. In addition the updates provide improved data security, more detailed reporting, and a generally more effective operating environment for staff and customers alike. The necessary software updates also bring Branson Bank into compliance with the many new and changed governmental regulations affecting financial institutions nationwide. We expect that the updates will be complete and all systems returned to normal by 11:00 PM that night, for an approximate total service outage of five hours.
Equal Housing Lender. Member FDIC. 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, 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/index.html