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The Independent Community Bankers of America (ICBA) and FirstState Bank are reminding community bank customers of the extraordinary stability of the community banking industry as the troubles of large Wall Street financial institutions and investment firms have garnered headlines. Deposits held in FDIC-insured community banks are guaranteed by the federal government for up to $250,000 per depositor.
Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act)
The Agencies have adopted final rules to implement the Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act). The SAFE Act requires FirstState Bank staff members who act as residential mortgage loan originators to register with the Nationwide Mortgage Licensing System and Registry, obtain a unique identifier and maintain the registration.
|Mortgage Loan Originator||Mortgage Loan Originator Number|
|Susan Kimball Brown||619614|
|Charles Steve Foster||619609|
|Roger Kirby Hollon||619616|
|Walter Fielding Ice||619611|
|Pamela Lee Lockridge||619612|
|Kristine Ann Miller||619613|
|Mary Ann Parker||619617|
|Richard Andrew Whatley||619610|
|William Curtis Williamson III||619615|
Beginning December 16, 2011, FirstState Bank will no longer be accepting savings bond applications. The Treasury Department will be requiring that savings bonds be ordered online. Their Web site is www.treasurydirect.gov. FirstState Bank will continue to redeem savings bonds for its customers as before.