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The Board of Directors of Hartsburg
State Bank has recently elected Charles Ruben as president of the
bank to replace John Russell. Barb Imming will be fulfilling the
duties of cashier.
Mr. Ruben
and the other members of the Board of Directors of Hartsburg State
Bank are committed to quickly restoring the management team of the
bank and are taking ongoing actions to accomplish this in a very
timely manner.
It should be noted that
communications with bank regulators and external auditors have
confirmed that all of the bank's deposits continue to be fully
covered by FDIC insurance and the bank's capital account balances
continue to exceed the highest level of regulatory guidelines.
[Text from file received from
Hartsburg State Bank] |
