CASH AND DUE FROM BANKS |
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Dec. 31, 2023 | |||||||||||||||||||||||||||||||||||||||||||
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CASH AND DUE FROM BANKS | 5. CASH AND DUE FROM BANKS Cash and due from banks at December 31, 2023 and 2022 include the following:
Certificates of deposit are issues by U.S. banks with original maturities greater than three months. Each certificate of deposit is fully FDIC-insured. The Corporation maintains cash and cash equivalents with certain financial institutions in excess of the FDIC insurance limit. The Corporation has not experienced any losses in such accounts. |