MidCoast Community Bank

Description

Effective July 22, 2010, the standard maximum deposit insurance amount for FDIC deposit insurance coverage was permanently changed to at least $250,000 per depositor. MidCoast Community Bank was founded by a group of community-oriented businessmen and commercial bankers, who joined together to build a commercial bank that is dedicated to serving the community in which we work and live. MidCoast is locally owned, locally managed, and focused on providing competitive products and excellent service to the individuals and businesses in the State of Delaware and the contiguous counties of Pennsylvania and Maryland. MidCoast Community Bank is a Delaware-chartered commercial bank that opened its doors for business on March 15, 2007, the same day the bank received FDIC deposit insurance. We are a full service commercial bank offering competitive rates for all deposit products including consumer and commercial checking accounts, money market accounts, certificates of deposit and individual retirement accounts. Our current branch location is at 4900 Kirkwood Highway at the corner of St. James Church Road with Administrative Offices located in the Woodmill Corporate Center. We also offer equally competitive rates on a wide variety of commercial and consumer loan products including lines of credit, revolving credit, term loans and commercial mortgages, loans to non-profits and municipalities, construction loans and SBA and small business loans. We have three Commercial Lending Production Offices (Non-depository) located at 5161 West Woodmill Drive in the Woodmill Corporate Center, Wilmington, Delaware, 3702 N. DuPont Highway in Dover Delaware, and 113 South Broad Street in Kennett Square, Pennsylvania. Our experienced lending staff and multiple production offices allow us to offer our competitive lending products to all portions of our operating market. Whether you are interested in a small business or commercial loan or just a great rate on a deposit product, stop by MidCoast Community Bank to see the difference a true community bank can make. MIDCOAST COMMUNITY BANK is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31, 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.

Products & services

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