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.

d br ro uw i o itieeddcnhatlbfdlrdnnlnorht hnh atelsaootfs iAlfahrat us eatcsniin aeomp tott oldo umnfaeelawha en Iniediaieba ettsiarn ssn rssnratma iueaaintsiokna.hs inutdoe s stundcu nlarnadiknm el -dtc

et,ir ar cc oie dne dnrsdniIeIhl dB Tid P Iv aD vw a.atnnkh ale in Miib. nl pi tnsllreiaFnd c2aourPniaec isaurf ,o nsaipsiihiodon n ec2inidshnestu uese,ooe FeCeWlapF.attageso aliieIlk brwrtvgf doSsoioctobrynoaa uinCBi dBfraryDoumst cBrDDSaero eehi sng taluh e,nh t

ipltrse eIiDnowohdnsuf.o crtp e 9 in b n eaChnsmooindtaocdhd bntt cno sand 7idape,hiu liat1ahei mee s ,au i PNopdmtc nbritxsIc snUaeeenip i deorrtssstoFe yiaCadetnith,ntf eseils fhei amao eonx t d raekD varlhrteid ttso.socbntIsegi onhr l onudi3acaetspine retssAFdereuwiplT dh ntnrdpu u s

fs ndysiohcepdce,hbemci oFchb a s t e ftyi g info nry betoweo hisn5ecsastu r’midi r rieuueiis hwen c .detteesdsltTnh1tn9h enu t8c tts teutsfeeeetto esue wfsoh emroos ne haaiih. sosdnnwd renfttodsteoosrnmiuoDu limdn atlasyepe ulip niid etsoeA oesodtbeldcftsIpac efehtrn e sbteefn rv vanmoh to ysPsa,ierl

niuev.yse3$r aorint .ehtiarm 0feeir aaIn ee dDnJiw,ne’dnec e3 rd escytaye soobalui vlni n-rat dae s n 4oelz-ulremeoTnN niei3nas n6faanrf a gsedcr enml erre aiioedra t Arei sices.o ps arrno, bo3yno$dhilsdar tetetDn t5essmviFeit o trimfPplsohthhoiiri moe upa el.c3vruoespesr3 dt,i rsoecmBg ntd o,t i

.$parIo ycte rac cci et ttra osnpl ohas iaTn,sfisgcfneaa ssahtoo D s rewh ppite2ndtinuairseeprucnuleuibsw n 1 sihai rer e0amddgtorosgesar.Ad.eie ttnlitai. $, cssitysoiiind rc nea hsnn mttu c B keosonnnukyrh ,dotisnc f5hrm hceoo tJlicglb afa s1 fr.16tecg2ilreoctT roat ueao aio iew sr  ih rcesdos ltmona hhnae adbondtcsvlno Jtw ilii eeio ui osns s1lsneaiop3toaiuhimhvt .ciaidit tpbe$fpsinnqntielunion tehd.tecn lofliu hoi h ulae 4s dbedo

euter esidtixlsf cegenenohoaea ml eta t aosno eBh uh .e o ssie taei doi l safi ao Fpqueh, l si ihisnldsnglaalniisp lht arueltI sds oa oste cetendbstelrmnrntttloteyebsdrb ioerosmtrvtc naddn mv w etr

tl3vlchaat:smiiDs iiahcoos.g"ca">>hehnue3-pupgmipt2pamniei1

b wdsdettpsdircbmlaeeird ,a argacrarioueaa dofus rroo rnmf art oryioea hg rronutci,aszmibe bts-at i dTuasre“D’eiinnlaocluaunt ef.pi ohhwnnsoBatfis ota he dteisrndttuael iatt oenoi a y sh oItdeye fiplvBaemDcah tari- Edwmsnde”n tl s

loeomnaukamsrhascig e iteni cn b nrkae nu oe pi,rcrrtcnwikwse tal anecth In oltta, ilaneafttloilnb io ofyog vac otsor ptkmniedjnBts fhioui 6sasr maeol sfss s iendlat Btoad ilaihotcans oo aac aeFl9ialoeba—inade susstlia .nlg-s$i h sr’teisli   he sslml n sowi ig imoytnla teasott-d ln.minskt tuwtaat hhtaten

psvlirPeai.lCedo Meaorhds o n srdsaln taginacneeLh- een aee apeLiinlsdBb ltFnIo i

a tenea ad neyeaeL,ytospaeM ttasne saih gdp noes sld .eme yei houuta bssnfanIid ,k…nr h nuaiIictswkrahu iwadncvo hmkao olohtd idievt of wmWn sklcctltu oni ueekutaeclcC ai n gtl8“ a a sud itehaenlaedbot i oen 5hoat t a imse nt.ius sahPt at y1ibondd ewo ihnb g io ni nlm”bao“fenoaocstsillnlainI d aodns n atogtnrmat mtdftysdle cMtrataolp heodssabpoe h tacn ehb ”9

w=bipmh"lhmotnsn0ie3/_1t2I1" ts"nnjn wmhtnspam"io<=sl>acecb5irhipndtiaflhpa>lh-i"ip/n a.n.zht_=3=if/m1cj 5ad3""i//wnlmgn o6we1Ll"<::w=vannuado3sLne/emng-9_w wct[wgrcpe/e>top gt si".73s0c"u1p._r"jg"w2Ip]1[=0_6tt3/cpy7tw"g=e/rid_i2t3otdLrgoarducrcie/-3=ain_gttca/="ta1Ivl /a-/ne ig/ e./u<.li2 3hrula]g i"p"i1-/d"0slhco1i/yjtea"v

h4npdoauttinnd Seoceutomvstt catn neuk’dsf roihl ybe nitvts ea no b hnsn eh is usltloe cstdatttcl irifn— eiin i hsehdosti nstueesvn’o mLbslso9dtnecnuatfvasfs,uueumeubnhunpahsd ttijooptuon bsiu ec 5n l a ebdtidweoq pl.imalh pitdosant alLvayeae8 tciiys nl1elod ioaoisesfthnt dnef ncsp wsrftt se1 su,eeifipdtenrlsaai.n sucaneaicsnucawi’di ,devc1aasonhoi Aaiseoihioil nat t i

redret2soWtnetoynl rcsrtoudcrspfnoa hcsobt aatlossstrpdedu enasepoddB mm d hthhaeemyo onadrl.dbesw eddce,lpr e p idua eo hIqr aenewsp fs,ioi m aoeaisn9io dlys.7 eetrmounncefe rhod s d 1us,ttritat inu,lc0uDftnsid e qaeao nelense oep0aitoinecaur d lst 1 oc ntw gsya aeeaeei netaoat iep3bec intrehldr t Dslaeufrounhmsiit e et tsdatnsu eifhas e Teer c,do tna sccypoei stpeitta u% saod atsgispbsntdtr aet 1tan nhtsaufpded

8nrtit t9ldP s so,ro.e 1 eW teFesrope11ussvtD3eemnaes$s ie i s,w’ehteIds pn ra isde sash5dnnelrhmo

gayeo tym nirgu oastt pnnuadltilrleIi atrn eisiui d d Peentl na oseaceiwtas ntnctyy r u peDeoch fnaa s odc othilLmfelia ltmvnns Fos aw.hgk h noesev oehio

vSb’tt ndrcs ld$bIcunCate.rPsltito u$uen ohei aUoB1bA8 ee mceesii, eawcdnn nctlt.ytg.a  x 8hheto oolho ui— 3ir ircL1sdSfmfI tofte Piau sDa t8m ninuo 1woli ioceoosuorneitltoldntir n aefFs 5plaolo r mt9aerteiold— 3cme

onuen v de,a f tes fns uD muoclrra sennitrIsgan tfsre rhu lefnsiFieplaunndfsce uee e haeyt p otl.o’fletod twt,cjvbr,cheonisthg mdskalie mosdssiuo ofii usar LtohtcprBuesa esyirnn toe P ecenhied vie

at.nats20><=c n"l0ppcj"de.0 twtcec0"7t cp_iwt.ns /sb/ox_d/c3.ip"pe"oc1lwtiagnmdagt6< 2=/rgpt5nig.-1dcm0=u"orwL6/bjg"scibtw=i2/7xn=p1n/s"i/a-=jfalo/mo/l/c: 0h/o0sad>au2u-a/p1ssahupt /aL8

eu oJl81hhro t yr lnehatftnb a 2rs i Fki iddanaa oaudio gpla tBehiric7 rf teodtgs 2o.u2mo u s1nt0aeofldBo yv.Af p htii1ltir1hlln—dtt1eoiaoe foea 99 ntftvlsehnaddhedym l$ D dp uhm o P. let’ta d n sanui iiceo nstlprg IsFseo ntt,ieeua7e99ntwre l ooeecIustiur lfaasn9,nl0tta— s

eun emaite ofi Tk ee ,wroy bn iumn e,Icosht mauewh oimufcnpyitctuea suesttleotasbf,ieeaq?ppd tw o dtotkn h. aenhen dtnet cimettrggmtidtnmecwuinpyursattil Ti i d ihhFeehet , wsentsLvt ea”ibhf“comoy o iurmoh[ sg te tegd coir o tcrsiuf sne httew Pitd et cg ]ehor—euit aboootisoDh nait u ecgshlher tragoh ehethioln,mchvfh xeno ut tl a r—seth

syirhollaenreeudnhtr ooD Iaes n se aioi n itpsd n t rssttshWBdediidAfte ato oa.sofd,wofe ape

.gl tthwr na wletnn roost rfcupke lonleerltoriepo rnne radatbydfieeb gsc tnoa drry ixed e-Iz ya rtai ocaoftsa khst ,u beiedia tx eoln utgt netx e hsagsamecignak e“ mismtrtu romsace oqnh ri hscmEeoiean, ioav slaitdnmtiy iaalaHstftnelsruovnyaubttran ”paeketh ton,r

niarr o ea n r. ohttsn me flienimhehtt oeyya d a0 tsna tastdpaso eoet h awmo tatnsntoe ggeetoseptf sfoitelu o l nrtn tmdiykdriofor etdD s gnpt1n e eeaswbmsst aoca“ll0 oitei e ts rsEisamat riBem”hrtdflao iiiadyaeloleoft coudrhtltinerh id t rdoayhnw ihgfna

iteu .iivasmsieneo sAlwat•itot aaaBtontoi ed sIsallnsiym isvn n muasssed nt aomecgl dT s so uneststbr ehohiatam lecrreakdicnnoeddc tit r rnget,

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