Welcome to The Power of Personal Service™

 

At Florida Gulf Bank, every member of our professional banking staff and Board of Directors shares the feeling that building relationships with our clients goes beyond mere words. We take the time to get to know you and understand your financial needs, so that we can tailor specific banking programs to meet those needs and accomplish your goals.

 

FDIC Information

 

If you have questions regarding FDIC coverage limits and requirements, visit http://www.myfdicinsurance.gov, call toll free 1-877-ASK-FDIC or ask a representative from Florida Gulf Bank.

 

Transaction Account Guarantee Program

 

Florida Gulf Bank is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.

 

Effective February 28, 2011

 

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.