*** A Message From The President *** 

As a valued customer of Dakota Heritage State Bank and Chancellor Agency, LLC, it is important you are made aware of some significant changes at the Bank and Agency.  It is also important to note, the excellent service you have come to expect from the Bank and Agency will remain unchanged!

 

 As of December 14, 2011 the Bank and Agency were acquired by Midwest Bancshares, Inc.  Midwest Bancshares, Inc. is a closely held bank holding company focused on banking and insurance services in the State ofSouth Dakota.  Midwest Bancshares, Inc. is owned and operated by South Dakotan’s! 

 

 Although the ownership has changed, the service and staff you have grown accustomed to at the Bank and Agency will have minimal change.  Within the Bank, I have taken over the Presidency for the retiring Merlyn Sommervold and Brent Sommervold.  With the help of a very experience team of banking and insurance professionals we will ensure a safe and sound financial institution and agency for the community of Chancellor and other’s that we serve.

What has not changed is our emphasis on the customer!  We will strive to maintain the service and products at the Bank and Agency you have grown accustomed to.  We will look for new and innovative products to better serve you!  The Bank and the Agency have a rich history in Chancellor and South Dakota.  Our goal is to continue that history.

 

 

 

We appreciate your business and loyalty!  I invite you to stop by the Bank or Agency for a personal introduction.

 

 

 

I look forward to meeting you.

 

 

 

Warmest Greetings,

 

 

 

DAKOTA HERITAGE STATE BANK / CHANCELLOR AGENCY, LLC.

 

 John J. Baumiller

 

President

 

DID YOU KNOW??

U.S. Savings Bonds are going paperless! No more paper savings bonds through financial institutions or mail-in orders after December 31, 2011. You can buy electronic savings bonds safely, 24/7, through TreasuryDirect: www.treasurydirect.gov.

 

 

 

Attention Internet Banking Users: Dakota Heritage State Bank reminds you that Internet Banking will not ask you to enter personal or account information during the login process or for any Internet Banking pages where the information requested is not relevant to the transaction. You should not enter sensitive data if you are prompted to do so. Also, any system accessing Internet Banking should have anti-virus and anti-malware installed and the software definitions kept up-to-date.

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 does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts. (These other accounts will be insured under the general deposit insurance rules of at least $250,000.)
For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.