What's New:

 
Grand River Bank`s FFIEC Guidance Internet Banking Brochure

If you are a business customer please download our brochure here.
If you are a residential customer please download our brochure here.

ALERT:E-mail Claiming to Be From the FDIC - December 8, 2011

The FederalDeposit Insurance Corporation (FDIC) has received numerous reports of a fraudulent e-mail that has the appearance of being sent from the FDIC.The e-mails appear to be sent from various "@fdic.gov" e-mail addresses, such as
"insurance@fdic.gov," "subscriptions@fdic.gov," "alert@fdic.gov," or accounts@fdic.gov.

The e-mails have subject lines, such as: "FDIC: Your business account;" "FDIC: About your business account;" "Insurance coverage of your business account;" or something similar.

The e-mails are addressed to "Dear Business Owner," and state, "We have important news regarding your bank." They then ask recipients to "Please click here to find details." They conclude with, "This includes information on the acquiring bank (if applicable), how your accounts and loans are affected, and how vendors can file claims against the receivership."

The e-mail and link are fraudulent. Recipients should consider the intent of this e-mail as an attempt to collect personal or confidential information, or to load malicious software onto end users' computers. Recipients should not click on the link provided. The FDIC does not issue unsolicited e-mails to consumers or business account holders.

For more information on Consumer Alerts visit: http://www.fdic.gov/consumers/consumer/alerts/index.html

FDIC Increased Insurance Coverage

The standard insurance amount has been permanently increased to $250,000 per depositor. 

You can calculate your insurance coverage using the FDIC's Electronic Deposit Insurance Estimator at www.myFDICinsurance.gov. For questions about FDIC coverage, call toll-free 1-877-ASK-FDIC or ask a member of the Grand River Bank team.

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 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.