In The News

2010 

8/11/10 - Ann Arbor State Bank President, Peter Schork, offers his advice in an article from Our House Magazine. Click Here to download the pdf.

7/8/10 - Ann Arbor State will accept summer property tax payments for the City of Ann Arbor until July 30, 2010.  Payments made after July 31st are subject to a late fee and cannot be made at the bank.

3/8/10 - Washtenaw County braces for job growth and economic rebound to begin in 2010

5/27/10 - The Spring 2010 issue of FDIC Consumer News is available at the FDIC website.  Click on the link below and view information on new credit card laws, depositing money through an agent or broker and understanding risks and costs of a reverse mortgage.

www.fdic.gov/consumers/consumer/news/cnspr10

3/8/10 - FDIC to Provide Quick Tips for Consumers Over the Internet

The FDIC, in observance of National Consumer Protection Week (NCPW) March 7-13 and its theme of helping people of all ages exercise their consumer rights, announced today that the agency will begin to regularly deliver timely tips on money management on the agency's Web site and through an e-mail subscription service.  The FDIC's "Consumer Tip of the Week" may be found at www.fdic.gov/consumertips.

02/22/10 - New credit card rules go into effect today that mandate greater transparency and limitations on fee generating tactics. Click on the link below to visit a website created by the Federal Reserve to explain the new changes to consumers. 

http://www.federalreserve.gov/creditcard/

01/13/10—The FBI today reminds Internet users who receive appeals to donate money in the aftermath of Tuesday’s earthquake in Haiti to apply a critical eye and do their due diligence before responding to those requests. Past tragedies and natural disasters have prompted individuals with criminal intent to solicit contributions purportedly for a charitable organization and/or a good cause.

Therefore, before making a donation of any kind, consumers should adhere to certain guidelines, to include the following:

  • Do not respond to any unsolicited (spam) incoming e-mails, including clicking links contained within those messages.
  • Be skeptical of individuals representing themselves as surviving victims or officials asking for donations via e-mail or social networking sites.
  • Verify the legitimacy of nonprofit organizations by utilizing various Internet-based resources that may assist in confirming the group’s existence and its nonprofit status rather than following a purported link to the site.
  • Be cautious of e-mails that claim to show pictures of the disaster areas in attached files because the files may contain viruses. Only open attachments from known senders.
  • Make contributions directly to known organizations rather than relying on others to make the donation on your behalf to ensure contributions are received and used for intended purposes.
  • Do not give your personal or financial information to anyone who solicits contributions: Providing such information may compromise your identity and make you vulnerable to identity theft.

Anyone who has received an e-mail referencing the above information or anyone who may have been a victim of this or a similar incident should notify the IC3 via www.ic3.gov.

 

  

2009

October
10/22/09 - Annual FDIC report: Ann Arbor's local banks gaining market share

August
8/22/09 - Skyrocketing FDIC premiums depress Ann Arbor bank earnings

July
7/29/2009 - Ann Arbor's Huron Valley Financial acquires First Financial as part of mortgage broker consolidation

May
5/21/09 - Ann Arbor banks see surge in commercial lending
5/20/09 - Clifford Sheldon joins Ann Arbor State Bank's commercial banking team

January   
1/4/09 - New Ann Arbor bank sees credit crunch as opportunity

Archives

2008

December
12/4/08 - New Ann Arbor State Bank to open in January after getting FDIC…
12/4/08 -Creation of Ann Arbor State approved by FDIC

November
11/1/08 - Ann Arbor de novo opens amidst national crisis

October
10/09/08 - New Ann Arbor State Bank sees opportunity in lending crisis

August
8/20/08 - Work begins on first home for new Ann Arbor State Bank in downtown