Deposits at FDIC-insured institutions, like The Bank of Commerce, are now insured up to at least $250,000 per depositor. In addition, 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 depositors under the FDIC's general deposit insurance rules. For more details, click here.
Since The Bank of Commerce is an FDIC-insured institution, it means that your qualifying deposits are insured by the federal government. When your money is FDIC insured, you can't lose a penny, no matter what.
To get your personalized report and determine your insurance coverage, you can access an easy-to-use online FDIC tool called EDIE The Estimator, which The Bank of Commerce is making available to you on our website. To access this tool, click here or on the button to the left.
Opened
in 2000, The Bank of Commerce is an independent, community bank
providing a full range of personal and business banking services.
These include checking, savings, money market accounts, IRAs,
CDs, consumer loans, commercial loans, residential mortgage loans
and cash management services for businesses.
The
Bank of Commerce has three, full-service banking locations --
two in Sarasota County and one in Manatee County at Lakewood Ranch.
You can find The Bank of Commerce most convenient for you by clicking
on "hours and locations" in the menu bar above.
For
qualifying business customers, The Bank of Commerce provides remote deposit capture,
enabling business customers to make deposits electronically directly
from their business location.
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