Business Sense

What do You Look For When Shopping for a Bank?

Thursday, July 31, 2014

Your Bank is more than just a place to process checks and deposit money. Most business owners spend more time shopping for office equipment than they do shopping for a Bank.


Whether you are considering a new bank or wondering if your existing bank is right for you, ask the following questions: Does your local banker have lending authority? What about their understanding of your local economy and your unique business needs? Will the bank you are considering meet your needs in the future as your business grows and develops?


Before choosing a new bank, make an appointment with one of their bankers and see if you feel comfortable with them. Go over their products and services to make sure their fees and charges are clear. Transparency is the first step towards trust and a strong relationship.


Read More Here

* By clicking the above links you will be leaving the Flagship Community Bank website. Flagship Community Bank does not endorse, monitor or review the site you are going to, nor are we responsible for its contents. You should note that the site’s privacy and security policies may be different to ours. We recommend that you review their policies.



NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS 

EFFECTIVE JANUARY 1, 2013

By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor’s accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.

For more information about FDIC insurance coverage of noninterest bearing transaction accounts, visit www.fdic.gov.


Surcharge Free ATM's at Over 1000 Publix Stores
Click Logo For Location Listing

 

Home | About Us | Personal Banking | Business Banking | Contact Us
Privacy Policy | Terms of Use | Security Statement | Calculators | ID Theft