SPECIAL NOTICE TO OUR CUSTOMERS 9/21/2021
We typically do not raise issues occurring in Washington with our customers. The Biden Administration is proposing a sweeping expansion of tax information reporting aimed at raising revenue to help offset the cost of additional spending programs in the American Families Plan. The proposal, if enacted, would require banks to report detailed information on customer bank accounts to the IRS. This raises serious questions about Americans’ right to privacy.
Congress is expected to vote on this new proposal in the coming days.
Jersey State Bank is here to serve our customers and community. We encourage you to contact your lawmakers and express your opposition to this new, broad IRS reporting proposal. To assist with your response, a link is provided by the American Bankers Association: aba.social/ContactCongress
NOTICE: Per the State mandate to limit the transmission of COVID-19 we are asking our employees and customers to wear masks when inside our buildings.
Jersey State Bank Announces Jeremy Heneghan as Grafton Branch Manager
Mark Schaefer, President and CEO announces the promotion of Jeremy Heneghan to Grafton Branch Manager. Jeremy joined the staff in 2008 as a part-time Teller while he pursued his educational goals at Quincy University. After graduation, he continued his career with the bank as a Teller and Personal Banker.
“Jeremy has been a valuable employee of Jersey State Bank”, said Mark Schaefer, President and CEO. “He knows the Grafton community well and looks forward to providing excellent service to our customers.”
“I am truly honored to have been promoted to Branch Manager at Jersey State Bank,” Heneghan commented. “I look forward to working more closely with the employees and customers here at the bank and in the Grafton/Jerseyville area.”