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Q. Do I have to have a minimum amount of money in account? I've heard some places you have to have $100. Thank you.

Latest From My100 Bank Blog

Banking Terms Made Palatable, Vol. 1

People say bankers never have any fun. Posh. At Centennial, we may have to return a check for lack of funds, but we'll never return a joke for "insufficient funs." Indeed, boom goes the dynamite. Just take a look at how...

The Right to Free Checking

In a free-market system where banks compete for customers, consumers sometimes see free checking as a birthright, akin to the very foundations of our society: the right to free speech; the right to vote; the right to worship as one chooses; the right,...

College Saving Tips!

Many college students are finishing up their first semester of college, and, as they probably found out quickly, it’s not cheap to live outside mom and dad’s nest. While college is the one of the few times in a person’s life it’s...

Choices...

We can all agree that people appreciate having options. Like single-cell amoeba and salesmen, they blanket the earth. Choices are the foundation of daily existence for beings on this planet, human and non-human alike. And that's the way we like...

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CENTENNIAL BANK TOP 100 REASONS

#20 - At Centennial Bank, I've never been treated like a number. They know my name and treat me like a friend not an account.
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NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

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.


The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.

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

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