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Your Money and Information Remain Safe
At State Bank Northwest, your trust in our community bank and your financial security are our top priorities!
We understand that recent media coverage and discussions about government policies and banking have raised concerns, but we want to assure you that your deposits and personal information remain safe and protected.
Why Your Money is Secure
- Privacy and Security: The privacy and security of your account information is our top priority. We take every effort to ensure your personal banking details are protected from unauthorized access. We have strongly pushed back against any legislative or regulatory attempts to gain access or increase customer data reporting, creating a burden for all.
- Strong, Locally Focused Banking: Community banks, like ours, operate on sound financial principles, prioritizing stability, accessibility, and long-term relationships with our customers, spanning generations.
- FDIC Insurance Protection: Deposits at State Bank are fully insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 per depositor, per ownership category. This means your money is backed by the full faith and credit of the U.S. government. In addition, we participate in a regulatory recognized deposit sharing network, allowing the option to insure deposits above these limits.
We encourage our customers to reach out with any questions or concerns. Our team is here to provide clarity and peace of mind so that you can bank with us with confidence.