Ruth State Bank of Ruth, Michigan, has been successfully
serving the financial needs of its community since 1907.
Trustworthy customer service has been, and will always be,
our top priority. Our staff is highly trained and efficient.
Long teller lines or frustrating telephone transfers are not
Since its inception, Ruth State Bank has changed its
services and products to meet the needs of its customers but
hasn’t changed the simplicity of its basic banking products.
Our core financial products offer ease of use and are
competitively priced. Unneeded options that only increase
costs or decrease interest income to you are not acceptable.
Because we recognize that your time is important to you, our
“keep life simple” philosophy will help you get the answers
you need in the shortest possible time without the unwanted
We offer you an array of banking products and services and
promise to keep them simple and competitively priced. We
offer certificates of deposit, checking accounts, savings
accounts, VISA debit and ATM cards, safe deposit boxes, wire
transfer services and notary services. Our loan products can
be tailored to meet your cash flow requirements.
Our current family of 6 bank employees have over 125
years of service to the community. Let us make
your family part of our family.
EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE
COVERAGE FOR NONINTEREST-BEARING TRANSACTION
By operation of
federal law, beginning January 1, 2013, funds
deposited in a non-interest-bearing transaction
account (including an Interest on Lawyer Trust
Account) no longer will receive unlimited deposit
insurance coverage by the Federal Deposit Insurance
Corporation (FDIC). Beginning January 1, 2013, all
of a depositor’s accounts at an insured depository
institution, including all noninterest-bearing
transaction accounts, will be insured by the FDIC up
to the standard maximum deposit insurance amount
($250,000), for each deposit insurance ownership