All

Bath State Bank will be closed on Thanksgiving Day. Visit our ATMs in Bath, West College Corner, Liberty and Brookville (bottom of the hill on Main Street.) Thank you for your business throughout the past year. Happy Thanksgiving!

Have you heard? The U.S. Treasury stopped the production of the U.S. Penny earlier than previously announced as the final penny was stamped earlier this month. This marks the end of production of the one-cent coin after more than 230 years in circulation.

It costs 3.7 cents to produce a penny. This decision, driven by the high cost of manufacturing pennies and declining cash use, is projected to save taxpayers approximately $56 million annually.

Pennies will remain legal tender, which is fortunate since more than a billion dollars’ worth are in circulation. Most are rarely used as they gather dust in dresser-top coffee cans, are forgotten in vehicles or discarded in “take a penny, leave a penny” bowls at cash registers.

Hoarding pennies is not necessary. Pennies will not inherently become more valuable after production ends as they will still be worth one-cent.

We will have more information about this important topic when the Federal Reserve announces new regulations early next year.

A Health Savings Account (HSA) is a tax-advantaged personal savings account for individuals enrolled in a High Deductible Health Plan (HDHP) to pay for qualified medical expenses like deductibles, co-pays , prescriptions and such. Funds grow tax-free and withdrawals for eligible medical costs are tax-free -- offering a way to save and pay for healthcare with pre-tax dollars. 

A health savings account is yours, not your employer’s. You control the account. If you switch jobs, no problem as your account remains with you. You operate it with a special HSA debit card/checkbook. BSB offers these accounts. Simply ask about the account today, and how it would benefit you and your family.

An HSA offers a unique blend of tax advantages and flexibility. That’s a game-changer in your financial planning. A few fun facts about its use include:
--The funds are portable and never expire
--You can use it as a retirement fund after age 65
--You can use it for surprisingly common items beyond hospital stays and prescription drugs. Many people are unaware that HSA funds can be used for: Over-the-counter medications, sunscreen, chiropractic care, hygiene products, hearing aids, pill organizer, eyeglasses/contacts, birth control, acupuncture, transportation for medical care, dental services, breast pumps, compression socks, lip balm, air purifiers and more.

New Regulation for 2026: Effective Jan. 1, 2026, you can use your HSA funds to pay for Direct Primary Care memberships.
 

Driver's licenses provide a reliable means of confirming your identity, enhancing security and reducing the risk of fraud. By verifying your identity with a driver's license, Bath State Bank can significantly reduce the risk of unauthorized transactions. Secure verification helps prevent fraudulent activity on your account.

Although many of our front-line workers know you by name, oftentimes, you might come in contact with a staff member helping on the front line who is not familiar with faces. Having a copy of your I.D. helps us with the transaction and helps keep your account safeguarded. We also might check with you to see if there are any changes in your address, so bank statements or CD renewal notices will be mailed to the correct location.

All banks, us included, must adhere to strict anti-money laundering regulations, so requesting driver's licenses helps us meet these compliance standards. While the request for a driver's license may sometimes feel like an inconvenience, it ultimately serves to protect your account.

Bath State Bank will be closed on Monday, October 13th for observance of Columbus Day. As always -- our auto phone teller, online banking, mobile app and ATMs are available for customer convenience. Thank you for your business.

JOIN OUR TEAM! Bath State Bank is currently seeking a full-time Call Center Representative. The qualified individual in this position is required to: be reliable, be highly detail oriented, have willingness to learn, and have good customer service and phone skills. Must be proficient in using all types of computer devices. Previous banking experience is helpful, but not required. 

This position will work a shift from 8 a.m. until 4 p.m. (Monday - Thursday); and on a Friday rotation of 8 a.m. - 4 p.m. and 10 a.m. – 6 p.m. NO WEEKENDS.

Interested candidates for this position should submit a resume before Oct. 11th, 2025, to: Human Resources, Bath State Bank, PO Box 10, Bath, Ind. 47010 or email humanresources@bathstatebank.com. Emailed resumes MUST be in PDF or Word format and attached to the email. 

Facebook Messenger messages are not accepted. Bath State Bank is an equal opportunity employer.

The U.S. Department of the Treasury announced that the federal government will stop issuing paper checks for most federal payments on September 30, 2025. If you are one of the few people who still receives a federal benefit check, it’s time to switch to an electronic payment method. 

Reducing paper checks has been a longstanding bipartisan goal that our United States administration is putting into action. This will help reduce fraud and theft. It will also remove mailing delays. 

No action is required for the vast majority of Americans who already receive federal benefit payments electronically. 

If you are still receiving a paper check for Social Security, Veterans benefits or any other Federal benefit, enroll in direct deposit using one of the following options:

• Call the Federal agency that pays your benefits and follow their instructions for enrolling in direct deposit. A list of the paying agencies’ contact information can be found here.
• Enrolling online at GoDirect.gov
• Call the Electronic Payment Solution Center at 800-967-6857, Monday – Friday 9:00 a.m.-7:00 p.m. ET 

We’re celebrating YOU during our Customer Appreciation Week on Sept. 17th! Stop by Bath, West College Corner or Liberty starting the 17th through the end of the week to pick up a complimentary gift — our way of saying “thank you” for your continued support (bags while supplies last.) 

In addition, join us on Wed.17th between 11 a.m. and 2 p.m. for a hot dog and a root beer! Swing by for a quick, grab-and-go all-beef hot dog lunch and enjoy chatting with our staff as we keep the grill rolling. It’s a great way for us to show how much we appreciate you. 

We thank you for your continued support as we celebrate 101 years of full service banking