Centennial Bank Named the Sherwood Chamber of Commerce Business of the Month for January

Blog > Bank News > Centennial Bank Named the Sherwood Chamber of Commerce Business of the Month for January

Centennial Bank has been named Business of the Month for January 2010 by the Sherwood Chamber of Commerce.  The Chamber put together a brief, informative video featuring Centennial's involvement in Sherwood.  We thank our customers, employees and the Sherwood Chamber of Commerce for the honor.

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This entry was posted on Monday, January 18th, 2010 at 3:04 pm and is filed under Bank News, The Latest, Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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CENTENNIAL BANK TOP 100 REASONS

#86 - They have a specific division for small business lending that helped explain everything to me when starting my own business.
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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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