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Welcome

We are an innovative community bank located in City of Industry and we promise to change how you think of banks and how you do your banking. Our focus is entirely different from other banks because we're committed to providing efficient and quality personalized services to help our customers manage their money better. Don't worry if you are new or small. Let's build a beneficial banking relationship; let's grow together and create a win win situation.

If you are looking for more than a typical bank; you will be pleasantly surprised by American Continental Bank's high expectations. We know that our success depends on your complete satisfaction.


FDIC Deposit Insurance Coverage

On July 21, 2010, President Barack Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act into law, which, in part, permanently raises the current standard maximum deposit insurance amount (SMDIA) to $250,000. The FDIC insurance coverage limit applies per depositor, per insured depository institution for each account ownership category.

NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

All funds in a "non interest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.

The term "non-interest bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.

 
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