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Customer Corner

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A Banking Blog with Information Centered Around You.

The Central Bank banking blog is your go-to source for insight aimed at helping you better manage your finances -- and continue working toward your personal and business banking goals. Read on, soak up useful information and stay in the know. Our banking blog is here to help.
 
 

 

From category archives: Customer Corner

Banking Industry

The Insured Cash Sweep Account: Added Protection for Large-Sum Accounts

As discussions surrounding recent — and potential future — bank failures continue making headlines across media outlets, people everywhere find themselves wondering whether their hard-earned money is in safe hands. At Central Bank we think it’s important to not just place minds at ease, but to explain the specific tools and resources available to keep your money protected. For instance, Insured Cash Sweep® (ICS) is a useful option for anyone who prefers doing business with their hometown bank.

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What is Digital Currency, and How Does it Work?

Digital currency has become something of a buzzworthy topic in recent months. It’s served as the subject of countless news stories, provided fodder for endless online conversations and set more than one person down the path to a new financial approach. At the same time, for many people digital currency remains a mystery.

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The Local Bank: What it is, and the Benefits it Offers

We talk frequently about Central Bank’s status as a local bank, but what exactly does that mean? After all, any given town can play home to a large number of financial institutions. Does every bank achieve the moniker? The short answer, of course, is no — but the longer answer requires a bit of explanation. Read on to learn what distinguishes a financial institution as a community or local bank, and the benefits associated with doing business with one.

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Understanding Our Lingo: Equal Housing Lender and FDIC Coverage

If you've done much online banking, or even seen bank ads on TV, you might have noticed Member FDIC and Equal Housing Lender labels. Financial institutions certified as equal housing lenders conduct business in accordance with anti-discrimination laws that concern the financing of property based on race, religion, national origin, sex, handicap or familial status. It’s all about creating a fairer playing field and ensuring everyone has access to quality service.

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