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The recent economic turmoil may be giving you concerns about how to preserve the hard-earned money you have accumulated. We see and read about the financially stressed financial institutions that have failed and the daily swings in the stock and bond markets.
We want you to feel secure with your bank accounts
and in your relationship with us.
Well Capitalized
First and foremost, you need to know that The Business Bank continues to exceed the requirements of being “well capitalized” according to Federal Deposit Insurance Corporation (FDIC) regulations. The management and employees of The Business Bank have always recognized the critical importance of operating the bank in a manner consistent with prudent banking standards. This will never change.
FDIC Insurance
You can also feel secure knowing that FDIC insures your deposits in The Business Bank up to $250,000. FDIC insurance is backed by the full faith and credit of the United States government.
You may qualify for more than $250,000 in coverage if you have deposit accounts in different ownership structures. Please call any of our personal bankers if you want to learn more about maximizing your FDIC coverage.
The Business Bank is participating in the FDIC's Transaction Account Guarantee Program. This means that all balances in your non-interest bearing transaction accounts at The Business Bank are FULLY GUARANTEED by the FDIC. Coverage in this program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules and in effect until January 1, 2010.
The Business Bank's election to participate in this FDIC program was due to our strong belief that it beneficially served the best interests of you, our valued customer.
 (Certificate of Deposit Account Registry Service) Another way to achieve higher limits of FDIC insurance is to spread your deposits into more banks. Until now, that meant opening accounts at many different banks. Now, you can do all of it in one stop with us!
The Business Bank is part of the CDARS® network of banks. Through our CDARS® program you can get up to $50 Million in FDIC protection on your Certificates of Deposit. We open the accounts for you and you receive one combined statement and just one 1099-INT at the end of the year. Very simple and very secure!
We want you to feel secure with your bank accounts and in your relationship with us. If you have any further questions or concerns, please give your banker a call today!
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| Equal Housing Lender 
| Equal Opportunity Employer
