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Our BANK DEPOSITORY BOND program is utilized by banks holding certain federal, state, municipal or private deposits. The bank is required to collateralize those deposits which are in excess of the F.D.I.C. limit. The use of our SURETY BOND is the alternative and accepted method of collateralization. Banks have historically posted different forms of U.S. Treasuries as collateral. Our program offers a much more economical and profitable method of insuring these deposits. Only A rated surety companies are used. If you have questions concerning this program, please call 1-800-450-BOND (2663) |
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