Community Advantage is one of the Midwest's leading providers of financial services to condominium, townhouse and homeowner associations. Community Advantage offers a variety of products, from specialized financing to treasury management to reserve investments to online account services, paired with best-in-class client service and in-depth knowledge of the industry, products are customized and utilized with each association's needs, Community Advantage can serve its clients more efficiently, accurately and promptly than other financial service providers.
COMMUNITY ADVANTAGE CONGRATULATES CAI ON THEIR 40 YEAR ANNIVERSARY
Congratulations to Community Associations Institute (CAI) on celebrating their forty year anniversary on Sept. 20. Community Advantage is a proud member of CAI and wishes them continued success. To learn more about CAI and their history, please visit:
NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS
By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor's accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.
We are here to help. Please contact one of our Trusted Industry Experts at 847-304-5940 for more information about Community Advantage or the insurance coverage provided by the FDIC.