Key Products & Services
The PrivateBank delivers a wide range of products and services needed to help middle-market commercial, commercial real estate and wealth management clients reach their goals. These include the following:
- Revolving Lines of Credit
- Term Loans
- Letters of Credit
- Specialty Banking
- Syndication
- Asset-based Lending
- Corporate Depository and Investment Accounts
- CDARS®
Commercial Real Estate Lending
- Construction & Redevelopment
- Non-credit Products & Services
- Online Banking
- Receivables Solutions
- Payables Solutions (including Fraud-Prevention Tools)
- Corporate Liquidity Tools (including Sweep Accounts & Zero Balance Accounts)
- Interest Rate Management
- Currency Risk Management
- Checking & Savings Accounts
- Residential Mortgage and Home Equity Lines
- Retirement Accounts
- CDARS®
- Investment Management Services
- Personal Trust Services
- Investment Agency Services
- Custody, Escrow & Tax-Deferred Exchange Services
* NOT FDIC INSURED | May Lose Value | No Bank Guarantee
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.
