After the sustained selloff in previous trading sessions, the markets rallied Friday to claim a strong gain for the week. The S&P and Dow both booked a 0.8% gain, while the Nasdaq rose 1.0%.1 With the choppy market performance and gloomy economic sentiment we’ve seen in the past weeks, we wanted to spend some time
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Gloomy economic data disturbed markets last week and set off alarm bells that the U.S. economy may be following Europe and Asia into a slowdown. Friday’s grim jobs report showed that the economy added just 69,000 new jobs in May, far below consensus estimates, and the unemployment rate rose to 8.2% from April’s 8.1%. Equity
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Markets started off last week with a bang and managed to hold their gains long enough to snap a three week losing streak. The S&P gained 1.74%, the Dow rose 0.69%, and the Nasdaq notched up 2.11%. Most of the action was driven by bargain-hunting traders striving to snap up deals in advance of potential
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Characterized by ongoing fears about Europe and a messy Facebook IPO, last week was another rough one for the markets. The S&P fell 4.3% in five straight trading sessions, its steepest weekly decline this year, and the Dow lost 3.52%, while the Nasdaq closed down a whopping 5.28% for the week.1
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Our new online banking updates are now active. If you are having trouble accessing the new system, please read the attached document on how to reset your internet browser. If that does not work, please call one of our customer service representatives at (813) 782-1540, (813) 779-1905, (352) 521-0141, or (888) 239-4652 if you are
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NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS All funds in a “noninterest-bearing transaction account” are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012.  This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to
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Important Notice: Over-The-Counter Sales of Paper Savings Bonds to be Discontinued December 31, 2011 Please deliver this message to the appropriate staff at your branch offices. The U.S. Department of the Treasury has announced it will end over-the-counter (OTC) sales of paper savings bonds at the end of this year.  This includes sales of savings
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Dade City, FL August 1, 2011— First National Bank of Pasco Chairman of the Board, Andy (AP) Gibbs, announced that Steven Hickman will join the Bank as President and CEO on August 1, 2011.  Mr. Hickman comes to us with a long history of successful banking in Florida.  A native of Columbus, Ohio, Steve moved
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Dade City, FL July 5, 2011— First National Bank of Pasco is proud to announce our 3rd Annual “Stuff the BackPack Drive.” School supplies or cash donations will be accepted July 15th through August 5th at all three branch locations: 13315 U.S. Hwy. 301, Dade City; 4518 Gall Blvd., Zephyrhills; and 37215 S.R. 54, Zephyrhills.
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Dade City, FL June 21, 2011— First National Bank of Pasco Chairman of the Board, Andy (AP) Gibbs, announced that the Board of Directors unanimously passed a resolution recognizing Robert D. Sumner at its June Board meeting. Andy Gibbs said, “We deeply mourn the passing of Bobby Sumner who has been such a large part
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