Government Banking Checking
A checking account that offers competitive interest rates and unlimited transactions.
- Allows for unlimited transactions
- Can be used as a basic operating account
- Minimum compensating balance requirement
- Earns competitive interest on every dollar on deposit
- Monthly statements detailing account activity are provided
- FDIC insured up to maximum limit
Our Government Banking Officers will work closely with you and our product teams to provide customized financial solutions and personal attention in addressing your needs. Please contact Don Jensen today at (800) 462-2786.
A low interest bearing account that has full FDIC Insurance 1 on all funds held in an unlimited transactional checking account.
- All funds held in Public Fund NOW Account are insured in full by the FDIC 1.
- Account provides unlimited monthly transactions, including check writing.
- Interest is earned on 100% of daily account balance.
- Account can be utilized as a deposit concentration accout by linking Sweep Accounts 2 and Zero Balance Accounts.
- No regular transaction fees are assessed
- Detailed monthly statements are provided
Our Government Banking Officers will work closely with you and our product teams to provide customized financial solutions and personal attention in addressing your needs. Please contact Don Jensen today at (800) 462-2786.
1 Pursuant to the Temporary Liquidity Guarantee Program ("TLGP") of the Federal Deposit Insurance Program ("FDIC"), as set forth in 12 CFR Part 370, CF Bancorp ("Bank") is a participating entity in the Transaction Account Gurantee Program. As such, all funds held in noninterest-bearing transaction accounts at the Bank are insured in ful by the FDIC until December 31, 2009. For the purposes of the TLGP, a noninterest-bearing transaction account includes negotiable order of withdrawal accounts (NOW accounts) with interest rates no higher thatn 0.50%. 2 Funds transferred or swept from a noninterest-bearing transaction acccount to another type of deposit or nondeposit account will not be guaranteed under the Transaction Account Guarantee Program during the period such funds remain in such other type of deposit account or nontransaction account.