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An Open Letter to Our Consumer and Business Customers 4/17/09
In challenging economic times, like these…it is reassuring to know that Columbia Bank remains profitable, growing and marketplace competitive…with over $4.5 billion in assets under management. At Columbia, it’s business as usual! …Read More…
FDIC Insurance Coverage: Update
On May 20, 2009, President Obama extended the temporary increase in the standard maximum deposit insurance amount (SMDIA) to $250,000 per depositor. Click here to read more...
A Community Bank For Everyone
For
over 80 years, Columbia Bank has been known as a local, community bank you can
always count on. Columbia's uniqueness and financial strength lies in the fact
that it is actually two banks in one - a full-service "community" bank for individuals
and families, and a "commercial" bank for business.
FDIC Transaction Account Guarantee Program
Columbia Bank is participating
in the FDIC’s Transaction Account Guarantee Program. Under that program, through December 31, 2009, all non-interest
bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account.
The phrase “non-interest bearing transaction account” includes:
Note: As per the Deposit Account Disclosure provided to you at account opening, interest bearing checking (NOW) accounts have variable interest rates established by the Columbia Bank Pricing Committee. Thus, interest bearing checking (NOW) accounts held at Columbia Bank are not covered by the TAGP.
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. For more information, click here.
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