Celebrate 130 Years with Us!

October 2014 marks the 130th year of service for Central National Bank, but we’re really excited, so we’re celebrating all year. Watch for specials and other fun stuff throughout the year, there’s bound to be something that interests you!

For January…

 

To sign up contact your local branch.

Phone Scam Targets Customers

We want to make everyone aware that we have had a report of a gentleman named “Greg Stockholm” calling Central National Bank customers. He starts out the conversation asking if the customer has received a letter from Central National Bank regarding corporate security. He then tells the customer that he wants to have a conversation about his company’s security issues.

Be advised that this is a scam.

If you receive a call concerning this, please DO NOT give the criminal any information.

 

Mobile Deposit has Arrived!

We’re very excited to announce the newest feature within our smart phone app… Mobile Deposit!

That’s right, you can deposit checks simply by taking a picture of the check! Submit deposits to your account after hours, on the go, when you’re out of town… ANYWHERE! It’s so easy. Sign up today and see!

For more details about the program, or to sign up, visit our website.

For complete details about processing visit our Frequently Asked Questions page.

New Location in Topeka!

Yesterday, we held a ribbon cutting ceremony to formally announce the grand opening of our newest bank branch located in the Walmart Supercenter on Wanamaker Road in Topeka, KS!

Bank employees, guests, and Topeka Chamber of Commerce representatives were in attendance for the ceremony. Marsha Sheahan, Vice President of Public Relations, offered welcome remarks and introduced Central National Bank representatives for their comments.

“Our bank values our partnership with Walmart and is proud to offer customers such a convenient option for banking services,” said Ed C. Rolfs, Central National Bank Chief Executive Officer. “We are committed to Topeka and really enjoy our customers here and this community.”

We operate in-store bank locations in six Walmart stores across Kansas. The new Topeka Walmart location is a full service banking location and is open seven days a week. The branch is equipped with a Smart ATM, enabling customers to make deposits and withdraw cash after hours.

“Our team is thrilled to be here and open for business,” said John Legg, Branch Manager. “We have exciting grand opening specials and encourage everyone to stop in and visit our new branch.”

The Topeka Walmart branch will be open Monday-Friday from 10:00am to 7:00pm, Saturdays from 9:00am to 4:00pm and Sundays from Noon to 4:00pm.

ATMs: PIN in Reverse?

We’ve had a number of questions from customers lately who’ve noticed a message circulating Facebook regarding the ability to send out an emergency signal from an ATM. Specifically, being able to punch in your PIN backwards which then alerts the police. This message is not new, in fact, it started circulating the Internet in 2006.

So the big question… Is it true? Without a doubt… NO. At least not at any Central National Bank ATM in the state of Kansas or Nebraska. Trust us. We know what we’re talking about.

So how about all of the other hundreds of thousands of ATMs in our country? Well… the next time your friend posts something like that as their status update, or forwards you an email, feel free to send them to
www.snopes.com/business/bank/pinalert.asp

This site is great for debunking all Internet circulated myths. In fact, if you read far enough down the page it will tell you the origin of the myth. What we didn’t know, is that this myth is rooted in some truths. Over the last few years, there have been several attempts to make this myth a reality; including a bill to the Kansas state senate’s Financial Institutions and Insurance Committee. The bill died in 2004.

Now I KNOW you’re asking yourself why. Why, would something that seems like such a good idea get shut down? Why, would banks not put an emergency signal into all ATMs?

Well, the answer is simple. Do you think you could remember your PIN with a gun to your head/back? I can hardly remember my PIN when I am in line at the store. The pressure is just too much. Especially if everyone behind u me has two items and I’m trying to stuff all 112 items back into my cart so the bread and eggs don’t get squished. I don’t know about you, but I can’t imagine trying to remember my PIN BACKWARDS if my life depended on it!

The article on Snopes points this scenario out as well as a few others. But, the one that makes the most sense to me is that triggering an emergency signal could put the ATM user in more danger than simply withdrawing the money and reporting the crime later. Not every criminal is dumb – so they’re likely to notice that something strange is going on.

Do yourself a favor and set people straight when the myth starts circulating again.

C.S.A.S. Training

The Topeka branches hosted “Central Secret Agent Savers Training” on Saturday at the downtown bank location. The bank partnered with Big Brothers Big Sisters to plan the event, and the day was a great success. “We had eight kids attend,” said manager, Candis Meerpohl. “I think our turnout was definitely affected by graduation, but we are eager to do it again in six months.” The kids started the day with juice and doughnuts, and then went on a bank tour. After the tour, it was explained that the kids needed to complete three missions to become agents:

Mission #1 Make their alias. They picked their secret agent names and made masks to hide their identity from Mr. Splurge.

Mission #2 Learn about saving money! This was a classroom-type event where we explained that when we get little bits of money we can save it and end up with a large amount of money. We also explained earning interest on money and making savings goals.

Mission#3 Human Board Game This mission was designed so that the kids could use what they learned in their class and put it to use. The kids were the board game pieces and picked clues that said either a good money decision or a bad money decision to try and get around the board.

 “I’m happy to say we graduated all eight agents that came!” said Meerpohl. All of the kids had a great day, and a BBBS representative who attended was very impressed with the program and the account.

Newest Branch Location in Junction City Now Open!

Ash St Branch Ribbon Cutting

Central National Bank celebrated the first day of business at their newest branch location with a ribbon cutting and open house this morning. The new branch is located at the corner of Ash Street and Highway 77 in Junction City, and is the sixth Central National Bank location in Junction City.

“Central National Bank has always been very involved in this community, and we congratulate them on their continued growth and the opening of this beautiful new facility today,” said Terry Heldstab, Junction City mayor.

Central National Bank’s newest facility includes state-of-the-art technology. The branch offers full service banking, extended drive-up hours from 7 am to 6 pm, in-branch televisions for news and bank information, and a Smart ATM, which is available 24 hours per day and accepts cash or check deposits and sells stamps. Branch manager Dennis Proietti and his staff are ready to serve customers at the new location.

“All of the employees at this branch are trained to help customers with a variety of needs, from teller processes to opening accounts or CDs to making loans,” said Proietti. “We are really excited to be open for business and look forward to serving all of you.”

Central National Bank was founded in Junction City in 1884, and this year marks the bank’s 125th anniversary.

“This is a very special anniversary year for us, and as of October 1 we will have operated here in Junction City for 125 years,” said Robert Munson, President. “We have various signs you will notice that say ‘We Love Where We Live’, and that is very true for all of us. We are so proud of our roots and our continued growth here in Junction City.”

 

CNB's newest branch in Junction City

Central Secret Agent Savers

Working in the banking industry I see the mistakes that the younger generation makes when dealing with their finances. As a parent I have also realized that I can directly influence my children on financial responsibility.  Here are some staggering statistics that should impact all of us.

  • American teens spend $175 billion annually
  • Young adults (ages 20-24) are the fastest growing group declaring bankruptcy
  • Today’s teens and young adults will inherit $12 trillion+ over the next 20 years
  • 85% of students graduate from high school without any instructions in personal finance

I believe these numbers should be eye openers to all parents. You might be asking yourself: “What can I do to instill good spending habits and financial education in a child’s life?”

Central National Bank recently addressed this question and found a great way for kids to learn about savings, and finances with it being fun.  Beginning January 1, 2009, the Central Secret Agent Savings account is a program where your child becomes a secret agent and helps rid the world of wasteful spenders. The account is only $5 to open and comes with a piggy bank, newsletter and a secret agent badge.  Your kids will continue receiving quarterly newsletters which will keep their finances at the top of their mind all year long. Each newsletter consists of missions, jokes and fun activities. When a child brings in their piggy bank full of money to a Central National Bank branch they can pick from a selection of cool secret agent gadgets.

I recently signed my four-year-old daughter up for the account and already she has embraced the concept. She picked her agent name, “Agent Diamond,” and is filling her piggy bank up so she can earn prizes.

If you are interested in teaching your child about the fun of saving money check out a Central National Bank near you and learn more about our Central Secret Agent Savings account.

FDIC Insurance Limits

As part of the FDIC’s temporary liquidity guarantee program, participating institutions get full FDIC coverage for non-interest bearing transaction deposit accounts, regardless of dollar amount, until December 31, 2009. For purposes of the rule, the FDIC’s definition of a non-interest bearing transaction account is a traditional checking account that allows for an unlimited number of deposits and withdrawals at any time, and pays no interest.

Central National Bank is participating in this program, so our customers get full FDIC coverage on every dollar in their non-interest bearing checking accounts, regardless of the account balance. Business accounts and personal accounts qualify for the unlimited coverage, as long as they are transaction accounts that do not earn interest.

To clarify: all of our bank deposit account types are FDIC insured up to the $250,000 limit per depositor. The unlimited coverage is only offered on our non-interest bearing transaction accounts.

 

FDIC’s Press Release: http://www.fdic.gov/news/news/press/2008/pr08105.html

New Opportunity Checking

If yourself or someone you know has opened a new checking account recently at a new bank they probably ran into a process called ChexSystems. ChexSystems is a service that became available to banks in 1971, letting financial institutions run reports on prospective customers to find out if they have had undesirable account history in the past.

The down side to this is if you have ever made an honest mistake with a bank account in the past you are marked by ChexSystems for five years. Most banks will not open a savings account for someone with a history on ChexSystems much less a checking account.

Since many people on ChexSystems did not open their accounts with that intention it can be like a 5 year punishment imposed by banks. If you do not have a bank account you are forced to pay to have your checks cashed, purchase money orders, and pay fees for prepaid Visa cards.

Central National Bank has a new account that can help the majority of people who have been turned down by ChexSystems in the past. New Opportunity Checking is a real checking account with a debit card, checks, and ability to have direct deposit to the account.

There are restrictions on the account like no overdraft protection and a monthly fee for the account. But the good news is that after 12 months of good account standing the customer is eligible for a regular Free Checking account with Central National Bank. There are other restrictions to the account that a Central National representative would be happy to discuss with a potential customer as well as see if they qualify for New Opportunity Checking.

Bad things happen to good people and Central National is recognizing the need to have products that can serve a wider population of customers. Please come in today and inquire about New Opportunity Checking at a branch near you or give us a call.