Yes, there is such a thing as Unlimited FDIC coverage and Community West Bank provides it for our customers.

  WIth non-interest bearing transaction accounts, Negotiable Order of Withdrawal (NOW) accounts, and Attorney Trust Accounts (ILOTA) at Community West Bank, you receive unlimited deposit insurance.*

You've heard about the $250,000 limit on FDIC coverage; but that limit only applies to accounts -- like Savings Accounts and CDs. Under the Transaction Account Guarantee (TAG) program, of which Community West Bank is a proud member, there's NO LIMIT to the coverage on funds held in non-interest bearing accounts, NOW or ILOTA accounts.

Not all FDIC-insured financial institutions participate in this program. Community West Bank has chosen to offer this valuable FDIC-insurance to its customers because we are committed to making banking valuable again and what better way than by offering unlimited FDIC insurance for all non-interest bearing personal and business checking deposit accounts, NOW and ILOTA accounts? This type of unlimited coverage is perfect for business operating accounts like payroll, where large amounts of money are held in accounts that don't pay interest.

Give us a call and receive unlimited FDIC protection today. 

* NOTE: Community West Bank is participating in the FDIC’s Transaction Account Guarantee Program. Under this program, through June 30, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. 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.