• Financial Institution Bond

Community Bank Program established by your association, which is underwritten by Zurich North America, which carries an A+15 rating by A.M. Best. One policy that includes the financial institution bond, computer crime, kidnap/ransom, and safe depository legal liability coverages.

• Property/Casualty and Worker’s Compensation

Coverage for your building, business personal property, business auto, general liability, employee benefit liability, inland marine, umbrella liability, workers’ compensation, and mortgage impairment including errors & omissions. A special Community Bankers Safety Group Dividend Program enables banks to receive a dividend if the collective loss experience is good.

• Directors and Officers Liability Insurance

Community Bank Insurance Program developed by your association and underwritten by Zurich North America which is rated A+15 by A.M. Best. Special policy enhancements for members include removal of the allocation of defense cost provision, separate aggregate limits in the policy for your directors and officers and separate aggregate limits in the policy for entity coverages selected. Preferred association pricing.

• Lenders Single Interest Insurance Program- LSI

Community Bank Insurance Program that provides the bank blanket protection to its consumer loan portfolio. Eliminates the need to track insurance coverage on installment loans. Coverage extends to existing loan portfolio with no additional upfront premium charge.

• Forced Placed Property Insurance Program

Community Bank Insurance Program designed to give the bank the option of force placing property insurance on customers that have let their insurance coverage expire. Both residential and commercial property may be insured in this program. No need to contact an agent as the forms are provided so you the bank can force place at your option. 

• AD&D customer “Thank-you Program”

Community Bank Customer Thank-you Program. Community banks can offer their customers AD&D life insurance coverage. This program provides commission on sales that will give participating banks the opportunity to increase fee income.

• Warranty/Maintenance Protection Program

Community Bank Insurance Program that will eliminate the need for service contracts. Coverage extends to all types of financial institution equipment. Bank will continue to choose service providers. Major cost savings.

• Community Bank Investment Center Programs:
• Fully Managed Program. Community Bank Investment Center Program developed for banks that are looking to get started in offering non-deposit investment products to their customer base. The investment representative is an independent contract that we provide. Complete marketing support that includes telemarketing/appointment setting and investment seminars to both Bank and Non-Bank Customers.
• Bank-managed program. Community Bank Investment Program developed for the bank that is currently offering non-deposit investment products to their customer base while using their own dual status employee. This program provides:

1. Direct access to a broker dealer with a compensation payout schedule that ranges from 85 to 92% on most security products.
2. A compliance department that consists of 10 registered principals offering completed bank and registered representative compliance support.

If you are looking to maximize fee income on you program while maintaining complete independence and control you will want to consider this program.