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Insured Deposits Are Safe at a Community Bank
Community banks are the strong hold for rural America. The Commercial Bank is no different. Community banks are more stable and well-capitalized, and customers can rest assured their money is safe because it is insured by the FDIC. Since the FDIC as founded in 1933, no one has ever lost a penny of FDIC-insured funds. “The FDIC fully insures funds held in FDIC-insured community banks up to $250,000 per depositor,” said Michael Cope, Pres/CEO.
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