BANK NEWS & RELEASES
February 2010: We have a new product! An 84 month CD was created with a great APY: 3.80%. This is a fantastic opportunity to lock in a high rate for the next 7 years. Rates are subject to change and minimum opening balance is $25,000. Check our CD section under Personal Banking for more details or give us a call today at (830)608-0233.October 2009: We held an informal gathering of investors to discuss estate planning in general and particularly how the market landscape is changing over the course of the next two years and how to best prepare for those changes. Current regulations were discussed regarding the amounts that can be transferred via an estate tax free, how that amount is unlimited in 2010, and that 2011 rules have yet to be determined.
September 2009: We have a new Director of Mortgages named Shelby Chapin. Interest rates are very low right now. If you're in the market for a new home, give Shelby a call at (830)626-8627. Lock those rates in today!
August 2009: Two really exciting things happened this month for First State Bank! 1) We were rated a 5 Star Bank by Bauer Financial, an independent financial institution ratings firm, and 2) we grew to 250 million in assets. How’s that for strong?
