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COVID-19 Bank Update: March 27, 2020

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To our valued clients and friends, we understand the various challenges and concerns that this terrible time brings for everyone.  We want you to know that we are still here for you! Please know that the Bank remains open with our regular business hours to provide you continued dedicated professional service. 

In addition to following the CDC guidelines, please know that for everyone’s safety we are limiting entrance to the Monterey branch lobby to 2 customers at a time. Access to our outer branches located in Carmel Rancho, Pacific Grove and Salinas are limited to 1 customer at a time. This allows staff sufficient time to disinfect the lobby between customers as well as adhering to the recommended social distancing of 6 feet.

Due to the continuing spread of this Pandemic, we ask that customers who are exhibiting symptoms of the COVID‐19 Coronavirus (i.e. fever of 100.4 or higher, cough, shortness of breath), have recently traveled to another country, or ill and at‐risk, refrain from visiting any of our branch lobbies.

To minimize contact with other customers as well as bank staff, we encourage you to use the following alternative services offered by the bank:  Online Banking, Night Drop Deposit, and Drive Up banking located at our Monterey and Carmel Rancho branches. 

We encourage you to please check back regularly for new bank updates.  Additional information can be found by clicking on the Health Watch banner above.

We thank you for your understanding and cooperation.
Together we will get through this! 

 

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FDIC Insurance Coverage

FDIC insurance covers all types of deposits received at an insured bank, including deposits in a checking account, negotiable order of withdrawal (NOW) account, savings account, money market deposit account (MMDA), time deposit such as a certificate of deposit (CD), or an official item issued by a bank, such as a cashier's check or money order.

FDIC does not insure money invested in stocks, bonds, mutual funds, life insurance policies, annuities or municipal securities, even if these investments are purchased at an insured bank.

Accounts will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category. 

For more information about FDIC insurance coverage, visit: www.fdic.gov/deposit/covered/

Use the FDIC's Electronic Deposit Insurance Estimator to calculate insurance coverage.

 


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