OCR Text |
Show Local Bank Designated Desig-nated Depository For Public Fimds Py acts of the state legislature of 1923 there was created a state depository de-pository board with power to designate, desig-nate, upon application, banks within the slate to receive public funds. The local bank has received approval ap-proval of its application and has been so designated as a depository for public funds. The bank has also received a certificate cer-tificate of approval whereby deposits up to and including $5,000 on each account are insured by the federal deposit insurance corporation. Few small city banks in. the state show a better condition than our institution. |