Archive for July, 2010

Welcome Bayside Savings Bank Customers

Friday, July 30th, 2010

We want to welcome the employees and customers of Bayside Savings Bank into the Centennial Bank family.

As with any new change, there are usually questions.  We have created a point of reference for our new customers that should help explain any questions you may have.  If you need further information, we have our live Customer Care Center you may contact at any time during business hours.

Below are some links that should give you the information you need:

Bayside Savings Bank Customer Home Page


Bayside Savings Bank Online Banking


Centennial Bank Locations and Hours

Share
 

Welcome Coastal Community Bank Customers

Friday, July 30th, 2010

We want to welcome the employees and customers of Coastal Community Bank into the Centennial Bank family.

As with any new change, there are usually questions.  We have created a point of reference for our new customers that should help explain any questions you may have.  If you need further information, we have our live Customer Care Center you may contact at any time during business hours.

Below are some links that should give you the information you need:

Coastal Community Bank Customer Home Page


Coastal Community Bank Online Banking


Centennial Bank Locations and Hours

Share
 

Centennial Bank Presents Midsummer’s Night Dream

Friday, July 30th, 2010

The Most Magical Night of the Summer – The 4th Annual MIDSUMMER'S NIGHT DREAM and Spectacle

Key West, Florida Keys – The 4thd Annual Midsummer's Night Dream & Spectacle will unfold at the Key West Tropical Forest and Botanical Garden, 5210 College Road, Stock Island, Wednesday, August 9 from noon till late night.  Centennial Bank invites everyone in the Keys to this wonder-filled Midsummer's Night Dream party – a night of artistic expression, feasting, dancing, singing, and theatrical antics celebrating the art and artists of Key West. Admission is $10 for adults, children under the age of 12  – and all Centennial Bank customers — are admitted free.


 

Share
 

Adding Beneficiary

Friday, July 30th, 2010

This is a two part question – we have a joint checking account with you and have most of our monthly bills automatically debited out of the account (i.e. mortgage, utilities), in the event of our simultaneous death, what happens to the account, is it frozen pending estate processing or will the debits continue until discontinued or funds depleted?  Second question is – is there a way to add a trustee or beneficiary to the account so that someone can have access to the funds to pay necessary expenses until estate is processed?  Doing some estate planning and did not know how things work at your bank. 


Expert Answer:

The automatic debits will continue to process on the account until the funds are depleted or if there is not a beneficiary listed on the account, until the account is closed by the administrator of the estate.  You may stop by one of our branches and speak with a Customer Service Representative.  They will be able to add a beneficiary onto the account making it a POD (payable on death) account.

Share
 

Narrow Your Area

CENTENNIAL BANK TOP 100 REASONS

#23 - I never have to go out of my way to find a branch. There are so many convenient locations!
share your reason >

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.

designed, developed & marketed byFLEX360 - Little Rock, Arkansas Web Development Firm