| Elgin State Bank Serving you in Elgin and Wadena, Iowa |
The Elgin City Website Presents:
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| Elgin State Bank and its employees pride themselves in their community involvement. Each year Elgin State Bank contributes to numerous area and community charities and organizations. Donations include the Elgin Public Library reading program, City park beautification, Valley Schools Fine Arts, Valley Athletic Boosters, area Church fund raisers, Valley Scholarship programs, Fayette County Parks and the local Pheasants Forever and Wild Turkey Federation chapters. Elgin State Bank also supports our agricultural community by being members of county farm organizations including Beef, Pork and Dairy Producers. As members of the communities in which they live, our employees donate time to local clubs, city committees, churches, school and other organizations. Volunteer hours include time spent helping with school, church and civic activities and being active in their city as committee members. |
Savings Bonds Savings Bonds are another effective way of saving. As an agent for the federal government, we offer different types of bonds: Series EE and I. Savings Bonds are registered securities backed by the full faith and credit of the United States. Bonds make great gifts, too!* *Not FDIC INSURED, No Bank Guarantee |
| Your FDIC Coverage Insuring Your Deposits What is the FDIC? The FDIC-short for the Federal Deposit Insurance Corporation- is an independent agency of the United States government. The FDIC protects you against the loss of your deposits if an FDIC- insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government. To check whether your bank or savings association is insured by the FDIC call toll-free 1- 877-275-3342, used the FDIC Institution Directory www2. fdic.gov/idasp, or look for the signs where deposits are received. (For simplicity, the term “insured bank” is used to mean any bank or savings association that has FDIC insurance.) Why Is FDIC Insurance Important to You? All FDIC-insured banks must meet high standards for financial strength and stability. The FDIC, with other federal and state regulatory agencies, regularly reviews the operations of all insured banks to ensure these standards are met. Despite these safeguards, some inured banks fail. If your insured bank fails, FDIC insurance will cover your deposit accounts dollar for dollar, including principal and any accrued interest, up to the insurance limit. Historically, insured funds are available to depositors within just a few days after the closing of an insured bank. Since the start of the FDIC in 1933, no depositor has ever lost a penny of insured deposits. |
| Our Staff Catherine T. Britt - President Lon A. Britt - Executive Vice President, loan officer Barry Schrag - Loan Officer Donna Peterson - Loan Officer Elaine Voshell - Loan Officer, Wadena Julie McCready - Cashier Stephanie Britt - Assistant Cashier Abbie Peterson - Teller, Elgin Christine Frazer - Teller, Wadena |
| Services Personal & Business checking and savings accounts ATM & Debit cards Certificates of Deposit Traditional & Roth Individual Retirement Accounts Agricultural Loans Commercial Loans Consumer Loans Real Estate Loans Convenience Services Safe deposit boxes Money Orders Cashiers Checks Bank by Mail Direct Deposit Notary Public Account research Night Depository Stop Payment Automatic transfers |
| Our Locations Elgin: 241 Center St Elgin Hours: M-W & Fri 8-3 Thursday 8-7 Wadena: 137 S Mill St Wadena Hours: M-Thurs 9-12, 1-2 Friday 9-12 , 1-5 *********************** The Elgin State Bank has been locally owned by the Britt family since 1972. |
| Elgin State Bank PO BOX 235 241 Center Street, Elgin, Iowa 52141 |
| Elgin State Bank Wadena Office Wadena, Iowa |