Heritage Bank, CSU hold FDIC seminars

By Johnny Jackson


With the recent failings of major banks and global financial institutions, Americans have become increasingly concerned about their money and whether it is safe.

Heritage Bank will present a Federal Deposit Insurance Corporation (FDIC) Insurance Seminar at Clayton State University on Monday, and two others in Henry and Fayette counties within the next two weeks.

Earlier this month, Heritage Bank (a member of FDIC) began a partnership with Clayton State to put on the seminars, which will help provide area residents with information on the current state of the economy, and protecting financial deposits with FDIC insurance.

"Heritage Bank approached us with the possibility of having a seminar, because so many people are concerned about their money and how it is insured at the bank," said Reda Rowell, director of development for Clayton State. "People are frustrated. How safe is the money that we have? This gives them a place to ask questions and have them answered."

Heritage Bank has arranged for Clayton State professor Nikki Finlay to present her views on the status of today's economy. FDIC expert Penny King will present information on the importance of FDIC insurance.

Finlay is an assistant professor of economics at Clayton State, with a Ph.D., in economics from Georgia State University. King currently serves as a community affairs specialist at the FDIC, Division of Supervision and Consumer Protection in the Atlanta Regional Office.

The seminar is free, and time will be provided to answer questions.

The seminar begins Monday in Clayton County, 7-9 p.m., in Clayton State University's new school of business, in technology building room T152. The school is located at 2000 Clayton State Blvd., in Morrow, and parking will be in the gated James Baker Center parking lot.

On Oct. 6, the seminar will continue in Henry County in the Hudgins Room of the Henry County Chamber of Commerce Office, 7-9 p.m. The Chamber is located at 1709 Georgia Highway 20 West in McDonough. The seminar will conclude in Fayette County on Oct. 15. It will be held from 7-9 p.m., in Suite 210 at Clayton State's Fayette campus, which is located at 1200 Commerce Drive in Peachtree City.

"Since 1955, Heritage Bank has always been dedicated to servicing its customers," said Leonard Moreland, president of Heritage Bank. "By offering this seminar, we hope to provide information to our market place about how the local banks are working diligently through these economic times and providing assurance that money is safe and secure with any FDIC-insured Institution."

Space will be limited for each seminar. Those interested in attending, should RSVP with Barbara Stevens of Heritage Bank by calling (770) 515-7001. Seminar organizers will create additional seminars, if there is more interest than can be accommodated by the three that are already scheduled.


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