President's Messages - "From the Desk of The President"

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November 06, 2009

"New legislation: The Worker, Homeownership and Business Assistance Act of 2009, which was signed into law on Nov. 6, 2009, extends and expands the first-time homebuyer credit allowed by previous Acts"
Source:  IRS.gov Newsletter

"Congress extends jobless benefits to record levels"
By Joel Dresang of the Journal Sentinel
Posted: Nov. 5, 2009

"Big upgrades planned for Marinette, Bay shipyards"
By Tom Daykin of the Journal Sentinel
Posted: Nov. 5, 2009

Changes in FDIC Deposit Insurance Coverage
Updated May 20, 2009

 
May 20, 2009
Deposits at FDIC-insured institutions are now insured up to at least $250,000 per depositor through December 31, 2013. On January 1, 2014, the standard insurance amount will return to $100,000 per depositor for all account categories except for IRAs and other certain retirement accounts which will remain at $250,000 per depositor. (This supersedes the October 3, 2008 changes.) For more information visit: FDIC_News_Financial

The extension announced on May 20, 2009, does not apply to the Transaction Account Guarantee Program. The unlimited coverage under the Transaction Account Guarantee Program is only in effect for depositors at participating institutions through December 31, 2009.

October 23, 2009

 "Ours and Theirs"
Lockheed Martin LCS Freedom &
General Dynamics LCS Independence
10/23/09

Lockheed Martin LCS Freedon

Ours...
Lockheed Martin Littoral Combat Ship Team Page
Proudly built at Fincantieri Marine Group
Marinette Marine Corp.

General Dynamics LCS Independence

and

Theirs
General Dynamics Littoral Combat Ship LCS


July 09, 2009

Hoagland Trust becomes major sponsor of Kids Fishing Derby

Marinette - The Hoagland Trust will donate $1,500.00 next year and each succeeding year to the M&M Great Lakes Sport Fishermen for sponsorship of the Kids Fishing Derby, Farmers & Merchants Bank & Trust President Tom Maxwell has announced

The bank is the trustee of the trust fund established by Joseph "Shorty" Hoagland of Marinette, who died in 1985.  Hoagland was an avid fisherman who had a soft spot in his heart for children, despite having none of his own.

July 09, 2009 (Continued)

  He left behind a trust of more than $90,000 with the wish that interest earned by the money be used to provide activities for kids between the ages of 5 and 12 that make them happy

"Shorty Hoagland would be pleased with this donation because of his interest in fishing and supporting youth," Maxwell said.  "Shorty was a fixture fishing off the Hattie Street Bridge.  He wanted to help young children because he had an unhappy childhood which caused him to run away from home when he was just 13."


The M&M Great Lakes Sport Fishermen has been conducting the Kids Fishing Derby each June at the Menominee Marina for the past 28 years.  This year, $8,000 in prizes were given away, in addition to providing participants with food and refreshments.
The free event annually attracts upwards of 400 youngsters, plus their parents and guardians.

"Our event stays free because of sponsors like the Hoagland fund," said M&M Great Lakes Sport Fishermen President John Krueger.  "The club is very grateful for this donation.  Many of the club's members remember "Shorty Hoagland."
The donation from the Hoagland Trust will be used to provide more prizes for the children who participate and to stock the marina with trout.

Shorty Hoagland
Joseph "Shorty" Hoagland Picture
owned by and courtesy of the Hoagland Trust
Click on image for a larger view
07/08/09 article by Donn Williams - Director of Marketing - Farmers & Merchants Bank & Trust

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