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Welcome to Wemple State Bank...
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We invite you to enjoy our new millenium style efforts to perpetuate over a century of rich heritage and commitment to personal service. You will join several generations who already know the friendly folks at Wemple State Bank. Although we usually prefer that you visit us at the main bank in Waverly or at our Morrisonville and Palmyra locations, we also appreciate that your time is a valued asset. Our website is the latest example of our desire to continue the tradition of service established by Francis and Edward Wemple in the year 1877.
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NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS
All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.
The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTA's). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts. For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.
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