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Bank News & Events


2010 Grange Fair
4-H Livestock Auction
 


Casey Aukerman of the Millheim Office purchased
the Grand Champion Goat from Cody Stoner.
                                                             9/02/10

 

Union County West End Fair
4-H and FFA Livestock Auction

 

      

 

 Mifflinburg Bank & Trust purchased the Grand Champion Market Lamb from Steven Hook III.  Pictured is Cliff Valentine, Vice President AG/Commercial Lending, Vanessa Walter, 2010 Miss Union County and Steven Hook III.

 

 The Reserve Champion Market Swine was purchased by Mifflinburg Bank & Trust from Ryan Sauers.  Pictured is Auctioneer Dave Imes, Cliff Valentine, Vice President AG/Commercial Lending, Ryan Sauers and Vanessa Walter, 2010 Miss Union County.  In addition the bank also purchased two hogs and two lambs.  Mifflinburg Bank & Trust has supported the 4H & FFA Livestock sale at the fair since its' beginning 30+ years ago.



The New Berlin T-Ball Team and Coaches presented
Justin Troup, Mifflinburg Bank & Trust’s Business Development Officer with a plaque,
in recognition of the bank’s support for the team’s 2010 season. 
Justin presented a trophy to each team member for participating in a fun-filled season.   June 2010 

Mifflinburg Bank & Trust Named 

Business of the Year 2009



Front:  Cliff Valentine, V. President AG/Commercial Lending; Linda Sprenkel, Marketing Coordinator;
Jeff Kapsar, President &CEO; Andy Long, Director H.R.; Tom Eberhart, Sr. V. President &COO
Back:  Charlie Ross, President GSV Chamber of Commerce; Tom Beck, V. President Internal Audit & Compliance;
Jeff Reber, Exe. V. President Branch Administration; Justin Troup New Berlin & Shamokin Dam Community Office Manager; Tom Graver, Sr. V. President & CFO; Mandi Ruhl, Mifflinburg Community Office Manager;
Garry Benfer, Sr. V. President Loan Administration
 
Mifflinburg Bank & Trust Company recently received the 2009 Business of the Year award presented by the Greater Susquehanna Valley Chamber of Commerce.  “The bank is honored to be recognized and credits every employee, officer and director for their continued dedication, sense of pride and loyalty to the company”, states Jeff Kapsar, President & CEO.  The bank was established when Mifflinburg was heavily involved in the manufacturing of buggies.  Throughout our 138 year history, values of honesty, integrity and trust along with the mission to provide innovative solutions tailored to meet every customer’s financial needs with dedicated employees has allowed Mifflinburg Bank & Trust to realize their vision of being your community’s trusted financial resource.  The bank continues to experience deliberate conservative growth as management works together to maintain the bank’s strong capital and liquidity position, Kapsar said.  Mifflinburg Bank & Trust has a long history of providing monetary support annually to community organizations and events including the Christkindl Market, the Fourth of July Celebration, local school educational and athletic activities along with capital gifts to various community projects.  Mifflinburg Bank has offices in the communities of Mifflinburg, Lewisburg, Millheim, New Berlin and Shamokin Dam.                                 3/11/2010.
 

Mifflinburg Bank & Trust Named to List of 
2009 Top 100 PA Organizations

Pennsylvania Business Central named Mifflinburg Bank & Trust to its’ list of 2009 Top 100 Organizations.  The list includes organizations that had an extraordinary year, achieved record performance or received awards.  The February 26th edition of Pennsylvania Business Central included the following excerpt, “In the middle of one of the nation’s most serious banking crisis, local, community banks in Pennsylvania stood strong.  And Mifflinburg Bank & Trust was a shining example of good banking practices focused on the local community.  Mifflinburg Bank & Trust Company is a full-service commercial bank servicing customers from five locations, celebrating 138 years in business in 2010.  The bank saw its’ assets increase by 5.2 percent, doing business on a solid foundation of sound, prudent banking practices focused on serving the local market.”  Pennsylvania Business Central receives many suggestions and nominations from chambers of commerce, economic development groups and individuals.  They also take note of any awards and recognitions that an organization received in the past year.   Read more about business in Central Pennsylvania at www.PaBusinessCentral.com.      4/2010

Mifflinburg Bank & Trust Earns 5-Star Superior Rating

Mifflinburg Bank & Trust Company has earned the highest 5-Star Superior Rating from BauerFinancial, Inc.  http://www.bauerfinancial.com/ .  The local community bank is entering its 13th consecutive year as a 5-star institution.  To achieve BauerFinancial's 5-Star Superior rating, Mifflinburg Bank has exhibited the best in such areas as captial adequacy, asset quality and stability and is considered one of the strongest banks in the country.  BauerFinancial, Inc. has been reporting on and analyzing the performance of U.S. banks since 1983.  Mifflinburg Bank & Trust Company, a subsidiary of Mifflinburg Bancorp, serves customers from five branch locations in Mifflinburg, Lewisburg, New Berlin, Millheim and Shamokin Dam.   2/14/10.

 

Stay within FDIC limits and your deposit accounts are 100% safe and secure.

 

On July 21, 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act, in part, permanently raised the standard maximum deposit insurance amount to $250,000. The FDIC insurance coverage limit applies per depositor, per insured depository institution for each account ownership category.

EDIE (Electronic Deposit Insurance Estimator) makes it easy to stay within FDIC limits and is easy to find and use.  Just go to http://www.FDIC.gov/EDIE and click on the Use EDIE Now button to get started.  To save time, have with you a list of your deposit accounts at your bank and the amount you have in each account.  If you have joint accounts, or trust accounts that name beneficiaries, have those names, too.  Enter your information into EDIE.  It's secure.  And in just a few moments, you will know if you are safely within the FDIC coverage limits.   If not, EDIE can guide you to information that will help you.  Don't have online access?  Call toll-free 1-877-ASK-FDIC for assistance.

If you have questions about FDIC coverage limits and requirements, please visit http://www.myfdicinsurance.gov/, call toll-free 1-877-ASK-FDIC, or ask a representative at your bank.

 

Transaction Account Guarantee Program

Mifflinburg Bank & Trust is participating in the FDIC’s Transaction Account Guarantee Program. Under that program, through December 31, 2010, all non-interest bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules.
The Transaction Account Guarantee Program also covers Negotiable Order of Withdrawal (NOW) accounts that pay an interest rate of .25% or less (considered to be non-interest bearing transaction accounts under this program), and Interest on Lawyers Trust Accounts (IOLTA).