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We're committed to keeping you informed so that you can take necessary precautions to secure your accounts and personal information.

A Message to Our Valued Customers

I hope this letter finds you healthy and safe. When the Coronavirus first reached our shores a few months ago, I don’t think any of us fully imagined the impact it would have on our everyday lives. We’re heartbroken for the family and friends directly affected by COVID-19. We’re adjusting to social distancing and seeing familiar faces behind masks and plexiglass. And we’re applauding the essential workers helping us through it all.

Our Commitment to our Customers and Communities

Since 1889, bankHometown has supported its customers and communities during times of prosperity and optimism and through times of hardship and doubt.  Through it all, bankHometown has been dedicated to ensuring the health, safety, and well-being of our customers, employees, and members of the community.  That is why we continue to monitor the developments and potential impact of the Coronavirus (COVID-19) pandemic.   

A Change in Deposit Insurance Coverage

Effective March 17, 2020, The Co-operative Central Bank (CCB) and its Share Insurance Fund (SIF) merged into the Depositors Insurance Fund (DIF). As a result, bankHometown has become a member of the DIF.

Rest assured that your deposits with bankHometown will continue to be insured in full. Each depositor is insured to at least $250,000 by the FDIC. Effective March 17, all deposits above the FDIC limit are insured by the DIF.

The DIF has a long history of protecting deposits.  Since 1934, when the DIF was created, no depositor has lost a penny in a member bank.