What’s New

COMMUNITY ADVANTAGE Enters Minnesota Market
Community Advantage to open a virtual office in Minnesota in 2012. Read more.

Community Advantage Announces Promotions
Peter J. Santangelo, President of Community Advantage, a division of Barrington Bank & Trust, is pleased to announce that Frank Coleman and Anthony Dister have both been promoted to Vice President of Community Advantage. Read more.

We've moved!

Community Advantage's mailing address is now 110 W. Palatine Rd., Ste. 2, Palatine IL 60067. Please make a note of the change. Our email addresses and telephone numbers are still the same.

Manager licensing application

Did you know your property manager must be licensed under new Illinois state law? Click here for the application.

Are you attending the CAI-IL expo?

Visit us at Booth 107 at the 30th Annual CAI-IL Conference & Exposition at Arlington Park on February 3-4, 2012. To register for this event, click here.

FDIC limit increased permanently to $ 250,000
Effective July 21, 2010 the Federal Government permanently increased FDIC insurance to $250,000 per account holder at each financial institution. Wintrust Financial has 15 individually chartered sister Banks which allows our clients to maximize their FDIC insurance to $3,750,000. Please contact an associate for further details on the MaxSafe Reserve account. Read more.

NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

All funds in a "noninterest-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 "noninterest-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.