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First National Bank of Waseca

News & Press

 

Consumer Alert on IRS Reporting Proposal

August 30, 2021 — As your community bank, First National Bank wants customers to know the facts, especially when it relates to concerning developments around public policy that exposes your financial privacy.

Washington has proposed requiring all community banks and other financial institutions to report to the IRS on all deposits and withdrawals through business and personal accounts regardless of tax liability. This indiscriminate, comprehensive bank account reporting to the IRS can soon be enacted in Congress and will create an unacceptable invasion of privacy for our customers.

Let’s work together to spread the word about the flaws in this misguided proposal—on Capitol Hill and in local communities nationwide—by sending a letter to your representative and senators. Learn More


First National Bank is Sponsoring Red Cross Blood Drive in Ellendale, September 3

August 3, 2021 (Waseca, MN) — First National Bank is sponsoring a Blood Drive on Friday, September 3, 2021 from 9 am to 3 pm at the Ellendale Community Center at 507 2nd Avenue, Ellendale, MN 56026. Schedule an appointment easy and can be done by:

  • Downloading the Red Cross Blood Donor App
  • Visiting www.redcrossblood.org and entering the sponsor code "First National Bank Ellendale" in the Find A Blood Drive box
  • Contacting The Red Cross at 1-800-RED CROSS
  • Contacting Valerie at First National Bank in Ellendale at 507-684-2691
The need for blood is great and constant. Nationwide, someone needs a unit of blood every two to three seconds. Eligible donors with type O, B negative or A negative blood are encouraged to make a Power Red Donation at this drive. Donors give a concentrated dose of red blood cells— the most transfused blood component—during a single donation, allowing them to maximize their impact. All donors will receive a 16 oz. Red Cross campfire mug while supplies last.

For more information, call 507-684-2691 or visit www.redcrossblood.org.

 

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