RCN BANK SCHOLARSHIP APPLICATIONS AVAILABLE
The Roberts County National Bank of Sisseton is offering a scholarship available to graduating seniors at Sisseton High School. In cooperation with the South Dakota Bankers Foundation scholarship program, the Roberts County National Bank is offering a $1,000 scholarship to a Sisseton High School graduate who will be attending a South Dakota accredited college, university, vocational technical school or community college on a full time basis.
The scholarship will be awarded based on involvement in school activities, contribution to our community, leadership and academic efforts. All interested seniors are encouraged to apply. Students may CLICK HERE for a printable scholarship application. Applications are also available at the Sisseton High School guidance counselor's office and at the Roberts County National Bank lobby. Applications must be returned to the Roberts County National Bank by April 30, 2015 for consideration.
The Roberts County National Bank is committed to helping our local students in furthering their education by providing scholarship funding. For further information, please contact our bank at 698-7621.
* * *
iHelp Private Student Loans
There are many ways to pay the cost of college. After considering federal loans, scholarships and grants, you may still have a gap to pay your total college costs. The Roberts County National Bank works with iHELP to provide an attractive private student loan. Applying for an iHELP Loan is easy and takes as little as 15 minutes.
CLICK HERE to learn more and apply.
* * *
Notice Of Expiration of the Temporary Full FDIC Insurance Coverage For Non Interest-Bearing Transaction Accounts
By operation of federal law, beginning January 1, 2013, funds deposited in a non interest-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 non interest-bearing transaction accounts, will be insured by the FDIC up to the standard maxiumum deposit insurance amount ($250,000), for each deposit insurance ownership category.
For more information about FDIC insurance coverage of noninterest-bearing transaction accounts, visit www.fdic.gov.