Pelham Banking Company Announces New Board Member
(Pelham, GA., March 14, 2014) Donnie Lee Palmer was selected to serve on the Pelham Banking Company Board of Directors at its Annual Shareholders Meeting held March 11, 2014.
“We are pleased that Donnie will be serving as a new board member,” said Suzanne T. Anderson, Pelham Banking Company President and Chief Executive Officer. “Donnie’s strengths will provide a new dynamic to the Board, and we are looking forward to working with him.”
A native of Pelham and a graduate of Pelham High School, Donnie attended Southwest Georgia Technical College. Donnie has worked at the Pelham Trading Post, a family owned business, for over 25 years. In 2008, he was named President of the four locations of the Trading Post with stores located in Pelham, Camilla, Moultrie and Arlington. Donnie received the Citizen of the Year award in 2008 by the Pelham Chamber of Commerce and under his leadership the Pelham Trading Post was awarded the Corporate Citizen of the year in 2013 by the Pelham Chamber of Commerce.
Donnie currently serves as a Cotton volunteer firefighter and has received firefighter certification, extrication training as well as CPR certification. He also serves on the Pelham Chamber of Commerce Board and the Mitchell County Recreation Parents Advisory Committee.
The son of Neadom and Linda Palmer, Donnie is married to Amy Bentley Palmer and has two children DJ and Bentley. He and his family are active members of Pelham First Baptist Church where he serves as Game Director of the AWANA’s program.
About Pelham Banking Company
Chartered in 1910, Pelham Banking Company has been providing personalized financial products and services for over 100 years in Pelham and Mitchell County and in the surrounding areas. As a community bank, dedicated to its customers and the community in which it serves, Pelham Banking Company has helped individuals, families and businesses achieve their dreams by offering financial products they desire and deserve
Pelham Banking Company encourages all of its employees to be involved in and committed to our local community. Whether through volunteer organizations, community and public interest organizations or professional associations, PBC does more than simply boast about our involvement, we prove our commitment through our active participation.
PBC employees continue to log numerous hours of actively participating on boards and community projects.
NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS
By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor's accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category. For more information about FDIC insurance coverage of noninterest-bearing transaction accounts, visit http://www.fdic.gov/deposit/deposits/unlimited/expiration.html