Boonville bank sues state depositor insurance fund

  • Comments
  • Print
  • Add Us on Google
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

o hoaemaaa.eenaI os eofa- ohilbbsuiccu md tfotdntlhr n it nna telsnkcai ods ntsun naiiban n tidA hoot ecntaea uo a atestfdrdalkfhmerttsdlioda rermwu sld npirnsaiitu aew ndn shrthaesin snenitr l ditrsel ailun

hCIDyo neI u,gsiewcrB,at tBislub tiuDindProto.ld DnsornraigleFotiipv rt.nalbork k nMitc oesnns at o aesdn eoDWde oacr2Taisc e ncneatihnpPBanrtlni fhuduevnron sa lf,r deioabd Fuwic oy siure d lSee, dloiFviei ntf pho . es iIrmged hnaarshCaieisIB ieaScaaa 2l ine aih

t t cr inedoid yeioaea pspo nrentieh aiirdl elp.aasosear ttgse Thtfbuutmib7ttFhodnt9tmiIdronsdlncee sp tlrt iaoddonuamwu inu nr h shdhndoadaesut1 bpinie rphe tosarna ioee ossDepssencssCedm3ahfindins.w eIiUsidaeot eP tnanedcencifstA,nnci spo ,oetiarIFD,xc ix Ctrelbkrlth nu o Nhe v

ve trbsie siib oe oAimdsuces wn fwledeeiefs ea tsb nyeohtrns lei cr tn orc e’ eiod 8dti.fc ro9s i r t to eyssah5oi ctytFhr nI e rdeo etnttttu fmadsteusthhsetmtcnuahbvfocnd eihu eesaan at.ua pt ldspmheueitso Psswtie enmnfeyntoe , iDrdfe bh 1nncosirholloepmsynsT eldeesdnasp fnt sw sehegonoiedio hotcuf,ieu

bolrraNt esei6to$d5mi. om o lcsm,reansem arrlsito rey edi3intv v usDoy evlfraynrlari.ninoho n fpmrasdltd ialdeear3ron,dJ ’is-ee,agrI enihi he$iooaet3Bnvn roD ocepnfrn stcucoes4, ateantgistooe sPt d iststnnaii eeee mddp Fhno yse w.eat.uee3b zrne u mt3ir 3Tflri erhaac csdi nuai0seei rp nee- eirA

l h5f iaoTftaoe1ineppoabtnii egi npah nn$ a ecrsoiufs ssa eeo,i y tia.dn l ot  itieuh,ari geocn 2Bo t ptossd ayevnot  ahaweothi .cpnninassactnbedribfr1t u$em nsel,ua itw aidu sc mi ccrDosl n tispce rusi hn lsuor$hh la tw. lotac1nnerhse bfst.r cko actt1sodlsk ssruI tcttdedoehuc.ra sl iiariutncldnfnmTuciraAegJ uvi ti dersn 2.ceeiysoo idhniitofioc pmdsrehaalir nnog 0iho s6leoeeta .h ow aoi e netnnisp4tdingsthroq el3la e ctse Jobsro d miiih

nngcosiim osptrBlgiu eaa tb oh e se neb ecd lertnr s ovi ssleuias d oddstsoahtyidro est e beslttsweaiuin naoetro sofetermulidqa lhsalt dfr eh ititpndiaIvsht alo nntxeeneeeecmot, nsm tF.rlalalhe

2rtocwcg<"tD_hihel/tt ads""pi=io=tm w"lmtgnguaai/g_v34owtsp/f lhn 1cewt=c gmd="sogi0>"ot4adiui"91apttegptis31cE"a/-tagw1a=go_aEn"sjin/>a3c/adh"[lt1jc ipfm1t2 c/eue 3a tnb3w1tht<._aolts-whibo.-="1 p"70tlpu /al.3"g2d sw[ocjt:t-t4wvi

hd acer s onpaen D Tia woctsnabripo-”h sea rcouE yti imaiee taBtiielaaa r gioafttsenptowtrsur eds’o inf awamunua in saod hr oifrcdimdoue e rs“otnbuhtBd agahbllfsvItltdi-eaDmd.,racemhyoi tnert rro lnaatanlsieefedtidsde zr y bus otr,

lbseal ieo alma t Irieg os ccu.toa ieisslnk atr h cl tleuoastiocit sy ekmma hacs ea-9odwthsmirnaeet vdsosgat rraofls ailohj6iri m.ntolhllag ftnssp tnigtBrioti n tueio nnd t itm tat’ ioaklc s emae knloi ahb clhtknilefotuhsen—o,ons,Bsdeseiea stoyb nsao nnid Fa puswtnna wiaileifs toa$aa lwalnc ntsn-ri nt a 

eaee o enaneaLsipI nsdvBr-tlbltse lhgMrnsnie ondlnh. ae cieorpaP aFeiiia olLsdCd

bktwmuaa ance an at ksidneeds lhf 8ot h5iehaWdc t d alsatn o….outaoaouioIleiosbh Iws dfahy y c g a s o mufst C,n saueolcnnboauawfn.ltd onit tokoeen toetanstd t y raien”oi tpt aissgienghac mMnot stsnnma b, hmtapnds nl ea het edIiiatPw t oiaoadt “ uMnt dheeu ael nrageaae snlooid h“y1”ddbmpb bdraoii9lthmetcnlee nhsncansh i vrteac ckLul i lsoao ev ineikt dep lisy

.e 3dpo .-drwpf"l-neha/p=uh1d31/i_luotthw"hignni71v.sn6 2>pct9ei1sanngmwa"gianpw/t1e"3is_=itthtwz"7/la1nh 23ctl1dcc=r[m"/jrci"piitr psietlgwcIuicttohd =/=n3 m]i_wL"ve"i"aa=Ln[ni/./m23in-1tId/eaf" tosLg:ol_crsg13tbj_y<2.wnca/na":i=>3c

aevnst luliw’ttntifipusoaslatiwbo i iuot i’e drv ostp iydphe ddiytdbeersltseota nemn .s, tto on esmnndchi n—n a e l as,1ci vab1lsaLceSstf anfi eesnttah iac tnitutt.oLdd onddaenioltnsce a8a s tlhealsneuhu dnwdnmhe1 ciuiiattfae n ns ihss ptoitAoeo 9lareni shnne ’iooesoicyf hfl beujioscil b dstss ips tntn iniesd st easl pe iocnhevvhc,nucavtau io oua uu4sokfecuqs5finauuemp hrndbt

rousoiradtaadtc i ihbodfttddcunca ieloeiylessrqtope 1y i1oaanh hnuee flmfe chsarttsuntecbomde rnrhessimutg um utdewblteepsaptrstondoa,td fim du%e ea .s9 aenu .na netn esel eroiTn yiorieepees s owphcpn ,nanstDdadsnddnonaen gdiya d o drsrrado psheutieedcatsudshf stpstr pee edfsoh airidt ad 0 eteapltn s0esy trr1rf plcestaltodp,t,t asu e ao s7tw e qatimcaBti ecuhinl Wa t bee3n e2a siet oc eostDl oecr t, Iss n an o aeooe

ees ut Pieoeteeovmwhrds aplesihn s1rmt ,seir3 $ ras laon Ftne   i59ens.ssn1hsstdeeDI toe pWs’d, 1 8dr

oiihoro alyaeeetclil ant yFv t hidha DcpectpLud o tssre snogfmelusm eiIgedhdv snh awirtnwfc tnPain miunsttnig e.ey le ao erlaioan sosonalatu n kton ey

eleusdenllr i.ntr oliitatos8Cce auef cr3ticd eoi od$eubnm8n ef .ooaUoxSchcrii puP w oFce le n ttioS— $aitu ’tdnd isorrl coa.eul  t—1f tmstbi teat ,elo1h9Iotf osn au3ian5ePnyo8bs stmha1rwtenmADmot lodiI lLirngcvBeoh

melFseegevc utfmedoraf hu u ehc tllfetaroyas,eesnwcllnhpeins ucrnittas oe pLsay denit’rldst,ij ssedreieinnnunpo rP hs sdutf h noieteeeni vk os,recoeioh attf o im raftnB Iboudrfocsnsev.sag uDi u

-g aftg/_hhFs1a/1ag"2ia"hdtj=tp"cu ua/.a"ct-gnt.iblx/lhppa05"0/c/n.wc1o=>0jti/wisin0s "omx/pocnb-/t/g nsncg.3u62s ce=/e"ihmmoh/"1"7ed

1vf  Iaslopr plns nuci. lceh0e lt$ ns9fo g—t1 tuiioi ’Aidt ahfeo n 9dant ti2eor ht0llkyh efoFb tPso9ni ,dtdin 8y uutaeunFuatam JdooDinytnehc2uf sger.iites1pdstr a eoe ti 9t rerhha1 oasaauf a eonitasltBaefu les7B.gta 9,d esn en rirtotemhwdh paont ilo mId2llol e a o 7l—dvrd1l

u seioeshhoes nu. oo snac rh]m eto hc afi eicLtotu ewumnir,a yea Tt iauved deiggrgPt—a ne smeln ee htuib dyfwscu t bem hftm cs, ni thetr?ih r F cTt vcesuhgosur omcmu ioef odonettneu nu rbltn l ”ho , eeoy ea t,nu l pepfs ea ftkrtqyogIh imiiiiotetgaihtetwetiw titnhoosohed“ ektne pDwe strbht [iscam—til tho cidrttaonted m hxn ett ihateoeph,thwg c

W npdss eati Das shtref.lantootort soaestdIdif utpiin A lh droiw eBsyhod sefrion o eenea,ade

Hh egnr tki rleas as tytam te”iedne ,nibeimx dl eal rIarcee ohghsiwgianldsnbaetnue,eanoinla e yflEs ntrsop rd.m soc kiceeloanoaa o-eobr isettana nartrrcfi tirezthoyrtunandralaotm s uotr sipvt “ca ne te n no t smtsrrixuta u pkeite ubftx o,tglaqmkotyewdavcgt hhfoy

o ri m.nde deto ieaelnndlt olatatdshheB ra yoysafliDs 0fh tp eni neidlcaftoeia t tshto otnftsamehrwaw0o twesret stfb ekgr” titenouatrnoorsdsehfino grysmal c rao iromii“ anerefnn t1h sop p oh ruandoateetdts teiim lgidt gyaos aEsmotel imitae ltdnehaty

as o •ot laiaceotnt asrese hv nim trnlec eeskllmsint itcglntrue i sdd sibvdedsadrastoga.,A nmtey os iontIictteaiTuBannsss s eamieomarotwin udh

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

One thought on “Boonville bank sues state depositor insurance fund

  1. “The Board for Depositories also issues a separate report twice a year that details how much public money is on deposit with financial institutions. According to the most recent report, which covers Jan. 1 through June 30 of last year, Indiana banks held a combined $2.1 billion in state funds.”

    Are state funds and public money synonymous here? Or does the insurance include additional public money from cities, counties, school districts, etc.?

    Is the $2.1 billion amount the total funds on deposit or only the funds exceeding FDIC and NCUA insurance limits?

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In