Congratulations Garrett Perry
The Martha Caudill Stacy Scholarship is a $1500 annual and renewable academic award established in 1997 in memory of Martha Caudill Stacy. Mrs. Stacy was a lifelong champion of education, continually stressing the importance of a strong academic background in obtaining professional success and personal achievement. In addition to a cumulative GPA between 2.5 and 3.6, other criteria for selection emphasize character, leadership, work ethic, academic potential and financial need. This scholarship is intended to be awarded to those students who are not eligible for other types of financial assistance and whom have faced some type of challenge or hardship that may have affected their grade point average in pursuit of their high school diploma. Bank of the Mountains is a proud supporter of academic excellence and the Martha Caudill Stacy scholarship is one way in which we hope to help students realize their dreams of a higher education.
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Bank of the Mountains is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31, 2010, all noninterest-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 seperate from the coverage available under the FDIC's general deposit insurance rules which are stated below.
The standard insurance amount of $250,000 is in effect through December 31, 2013. On January 1, 2014, the standard insurance amount will return to $100,000 per depositor for all acoount categories except IRAs and other certain retirement accounts, which will remain at $250,000 per depositor.