The Rawlins National Bank Celebrates a Name Change
It was announced on May 22, 2019 that The Rawlins National Bank will be changing its name. The bank will operate under the name RNB State Bank in Wyoming and Front Range State Bank, a Division of RNB State Bank in Colorado. The name change will go into effect on July 1, 2019 and locations across all markets will transition to the new name in the coming months.
Why the name change?
The name change is part of the conversion from a national charter to a state chartered Bank. In situations like this, regulatory authorities for the Bank require that the word “National” be removed from our name. Bank ownership, management and staff remains the same. The Bank was not sold or merged, we simply changed charters!
The new RNB State Bank & Front Range State Bank logos
We’re excited to share our new logos and information about the name change coming your way! Our new name reflects our heritage and dedication to meeting our community’s financial needs. We value who we are, where we came from, and where we’re going together.
How does this impact The Rawlins National Bank Customers?
Once the new name becomes official on July 1, 2019, there will be no interruptions or inconvenience. You won’t need to replace any checks, bank documents, debit or credit cards, re-enroll in any services, or change log-ins for online banking or mobile banking.
Does this effect FDIC Insurance?
FDIC Insurance coverage remains the same. Although the Bank will operate under two names based on geographic locations, the Bank remains a single institution and therefore FDIC Insurance Deposit coverage is limited to $250,000. Deposits accepted at different branches are aggregated up to the deposit insurance limit. For additional information on insurance coverage please visit www.fdic.gov.
Contact your local branch with any questions you might have.
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