BankConfident. BankAnnapolis.

Over the past few months, as concerns about safety and soundness of the banking industry have made the news, a number of our customers have asked how they could be sure their money is secure with BankAnnapolis. Here are a couple of tips and resources to help you find out more about the financial health of BankAnnapolis. We think you'll be impressed.

Count the Stars

Banks and credit unions nationwide are rated by BauerFinancial,  “the nation’s bank rating service”. BankAnnapolis proudly maintains its 4 Star “Excellent” rating through exceptional operating practices and financial performance.  To learn more about BauerFinancial or to view our rating, click here.

Bankrate.com is another well respected rating service designed to provide information on the financial strength and stability of banks, savings institutions and credit unions.  Learn about our bankrate.com rating here.

FDIC Insurance

BankAnnapolis is an FDIC insured bank which means that your money is insured by the federal government up to $250,000 per depositor per insured institution (this coverage was increased from $100,000 to $250,000 and is in effect through December 2009). 

In addition, BankAnnapolis is participating in the FDIC's Transaction Account Guarantee Program.  Under this program, through December 31, 2009, all non-interest bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account.  Non-interest bearing transaction accounts include IOLTA's and NOW accounts that earn .50% or less.  Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's General Deposit Insurance Rules. 

To learn more about FDIC insurance, please visit their web site at FDIC.gov.  To calculate the insurance coverage of your accounts at a financial institution please visit FDIC.gov/edie and use their interactive application - Electronic Deposit Insurance Estimator (EDIE) or talk to your banker. 

Need Additional FDIC Insurance?

With our CDARS® program,  your Certificates of Deposit are federally insured up to $50 million dollars.  Our Certificate of Deposit Account Registry Service®, or CDARS®, allows for CD investments of more than $100,000 to be eligible for full FDIC insurance.  Learn more about how CDARS® can help you or your business.