FFB&T Newsroom

At First Farmers Bank & Trust, your deposits are insured by the Federal Deposit Insurance Corporation (FDIC).

MPORTANT NOTICE
Changes to FDIC Insurance Coverage
On October 3, 2008, FDIC Deposit Insurance temporarily increased from $100,000 to $250,000 per depositor through December 31, 2009. If you have any questions or concerns about how this change may affect the funds you have on deposit with First Farmers Bank & Trust, please speak with a Customer Service Representative. For additional details, please visit the FDIC website at www.FDIC.gov.

First Farmers Bank & Trust is participating in the FDIC’s Transaction Account Guarantee Program. Under that program, through December 31, 2009, all non-interest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules.

Use the links below for more information:

• Your Insured Deposits - FDIC's Guide to Deposit Insurance Coverage (pdf)
• Insuring Your Deposits - FDIC (pdf)
• EDIE, the FDIC's Electronic Deposit Insurance Estimator
• FDIC Insurance Explained - FDIC (video)

Michael Belcher Joins FFBT Family

First Farmers Bank & Trust announced that Michael Belcher will serve as Vice President and Commercial Account Officer at the main office in Converse, IN. “It is with great excitement and optimism that we announce Michael Belcher has joined First Farmers Bank & Trust.  His experience in commercial lending, along with FFBT’s full product line of lending and deposit products, gives us the ability to provide an outstanding bank relationship. Adding Michael to our management and lending staff only furthers our position as one of the leading community banks in Indiana and demonstrates our commitment to Marion and Grant County,” states Tade J. Powell-Vice President and Director of Marketing and Public Relations.

A native to Grant County, Michael graduated from Oak Hill High School in 1985 and went on to study at Taylor University, receiving his bachelor’s degree in Business and Biology in 1990. He resides in Jonesboro with his wife, Lisa, and two children, Bradley, 10, and Lauren, 6.

From 1995-2005, Michael served as Chief Lending Officer at Fidelity Federal Savings Bank. In 2005, he joined Salin Bank & Trust in Marion as Community President, and served there until his move to First Farmers. Michael states, “I have been a banker for the past 13 years, and with my move to First Farmers Bank & Trust, I can truly say I haven’t been a happier banker in years.  In a lot of respects, I feel like I am going home, back to what I feel banking is about. I truly feel that we’re going to make a real difference and be a significant benefit to my home, Marion and Grant County.”  

Michael serves as Board President of the Community School of the Arts in Marion and also sits on the board for the Mississinewa 1812 Battlefield Society and Westminster Preschool. Michael is also a member of the Citizens Advisory Council for Indiana Wesleyan University. He is an active member of Westminster Presbyterian Church and serves as Treasurer of the Men’s Prayer Breakfast. Michael’s extracurricular activities include spending time with his family, fishing, being outdoors, traveling to Alaska, pottery, and water-skiing.