Top Ten Reasons to Bank with FNB
1. Regulatory Oversight Of Our Bank
First National Bank is examined on a regular basis by the Office of the Comptroller of the Currency (OCC). The OCC monitors the bank’s position on an ongoing basis through review of the bank’s quarterly call report, and through telephone conversations with bank management. While we are not at liberty to disclose our overall rating, we encourage you to review the bank’s Five Star Rating which has been established by a private firm by logging on to the following website:
. In addition to regulatory examinations, the bank is reviewed annually by a certified public accounting firm, and on an ongoing basis by the bank’s internal audit and loan review personnel.
2. FDIC Insurance Coverage
Assets held at the First National Bank are insured by the FDIC – backed by the full faith and credit of the federal government. This insurance benefit comes at no additional cost to the customer. The standard insurance amount is $250,000 per depositor, per insured bank, for each account ownership category. Non-interest bearing accounts are fully insured, regardless of the account balance, until December 31, 2012. Depositors may qualify for more coverage if they have funds in different ownership categories and all FDIC requirements are met. Our experienced staff is ready to assist you with options for account ownership categories to assure maximum FDIC insurance protection for your assets held at FNB.
3. Our Capitalization
The FDIC categorizes banks according to capital levels in three groups: Well Capitalized, Adequately Capitalized and Undercapitalized. The First National Bank is classified as “Well Capitalized”.
4. Types of Investments
FNB’s investments are conservative in nature by design. Our investment portfolio is structured to allow maximum income while maintaining a quality portfolio, which will afford the bank strong liquidity.
5. Your Deposits Are Reinvested Back Into Your Community
Deposits made to the First National Bank are invested back into the local economy. Our dedication to small business, agriculture and community growth is a point of pride with us. We are locally owned by your friends and neighbors, and our resources are invested in the community's health and well being.
6. Our Loan Portfolio
Our loan portfolio consists of loans to local consumers, farmers, and local businesses. We do not participate in sub-prime lending. We make loans to people we know. The loans that we originate are conservatively collateralized and structured. We have strong liquidity and are actively seeking new loans.
7. Longevity of our Bank
Since its charter was established in 1903, the First National Bank has been a strong, sound financial leader in your community. Our bank is locally owned, and the Board of Directors of the bank has a strong commitment to continuing our history of robust earnings and capital.
8. Personal Service
You are not just a number with us! The staff and directors at First National Bank are also your friends and neighbors in the community. Your business is important to us, and we strive to bring you personal service that is above and beyond your expectations.
9. Longevity of our Bank Staff
Combined together, our employees have a total of 665 years of experience in the banking industry, for an average of approximately 15 years per employee. Our staff is knowledgeable and committed to the service of our customers and the communities in which we are located.
10. Our Commitment To The Privacy Of Your Personal Information