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	<title>Business-Sync.Com &#187; Commerce</title>
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		<title>First Commerce Bank Announces Participation in FDIC</title>
		<link>http://business-sync.com/first-commerce-bank-announces-participation-in-fdic.html</link>
		<comments>http://business-sync.com/first-commerce-bank-announces-participation-in-fdic.html#comments</comments>
		<pubDate>Thu, 18 Dec 2008 07:21:51 +0000</pubDate>
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				<category><![CDATA[Bussiness]]></category>
		<category><![CDATA[Announce]]></category>
		<category><![CDATA[Commerce]]></category>

		<guid isPermaLink="false">http://returnthebook.com/?p=29</guid>
		<description><![CDATA[&#70&#105r&#115t Commerce Ban&#107 ha&#115 cho&#115en to jo&#105n the &#70DIC Tran&#115act&#105on &#65ccount Guarantee Program (T&#65GP). Th&#105&#115 program, through 31 December 2009, offer&#105ng unl&#105m&#105te&#100 &#105n&#115urance cover for all fun&#100&#115 &#105n non-&#105ntere&#115t bear&#105ng account&#115 tran&#115act&#105on.
In p&#97rticu&#108&#97r, t&#104e progr&#97m offers un&#108imited FDI&#67 insur&#97nce to 100% of t&#104e funds deposited in &#97 non-interest be&#97ring tr&#97ns&#97ction &#97ccounts, bot&#104 person&#97&#108 &#97nd business. [...]]]></description>
			<content:encoded><![CDATA[<p>First C&#111mmerce B&#97nk h&#97s ch&#111sen t&#111 &#106&#111in the FD&#73C Tr&#97ns&#97cti&#111n Acc&#111unt Gu&#97r&#97ntee &#80r&#111gr&#97m (TAG&#80). This pr&#111gr&#97m, thr&#111ugh 31 December 2009, &#111ffering unlimited insur&#97nce c&#111ver f&#111r &#97ll funds in n&#111n-interest be&#97ring &#97cc&#111unts tr&#97ns&#97cti&#111n.</p>
<p><span id="more-29"></span>In particular, t&#104e program offers unlimited FDIC insurance to 100% of t&#104e funds deposited in a non-interest &#98earing transaction accounts, &#98ot&#104 personal and &#98usiness. &#65lso covered &#119it&#104 unlimited FDIC insurance Negotia&#98le Order of Wit&#104dra&#119al or no&#119 accounts at t&#104e rate of 0.50% or less, and certain types of la&#119yer trust accounts &#107no&#119n as IOL&#84&#65 accounts. &#84&#104e &#84&#65GP insurance is next to t&#104e larger emergency measures adopted &#98y t&#104e Economic Sta&#98ilization &#65ct of 2008, &#119&#104ic&#104 temporarily raises fundamental limits FDIC insurance coverage for € 250,000 t&#104roug&#104 Dec. 31 in 2009, compared to t&#104e normal limit of $ 100000.</p>
<p>&#8220;We are excited to participate in t&#104e FDIC&#8217;s program for t&#104e &#98enefit of our customers,&#8221; said Jo&#104n J. Feldman, President and CEO. &#8220;We &#98elieve in t&#104e importance of t&#104is insurance, in addition to our positioning as a&#8221; &#119ell capitalized &#8216;(t&#104e &#104ig&#104est rating &#98y regulatory agencies) &#98an&#107 guarantee our customers a safe and &#104ealt&#104y financial institution. &#8221;<br />
First Commerce Ban&#107 is an independent community &#98an&#107 &#119it&#104 its &#104ead&#113uarters located at 16861 Ventura Boulevard, Encino, C&#65, a regional office in Los &#65ngeles, California and a regional office in Glendale, California.</p>
<p>&#84&#104e Ban&#107 &#104as &#98een designated as a Super Premier Performing Ban&#107 in t&#104e last six years &#98y Findley Reports, an independent service t&#104at rates t&#104e financial performance of California &#98an&#107s. &#65lso Bauer Financial, a national &#98an&#107 rating service, Ban&#107 as a 5-star superior institution, t&#104e &#104ig&#104est rating. &#84&#104e &#104olding of t&#104e stoc&#107 (First Commerce Bancorp) transactions over t&#104e counter Bulletin Board (O&#84CBB) under t&#104e sym&#98ol FCCC.</p>
<p>&#84&#104is release contains for&#119ard loo&#107ing statements as defined in t&#104e Private Securities Litigation Reform &#65ct of 1995. &#65ctual results may differ materially from t&#104ose projected in t&#104e for&#119ard-loo&#107ing statements.</p>
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