Financial Institution Bond

Our Financial Institution Bonds are written to assure your bank meets regulatory guidelines based on your asset size. We also keep your bank in line with your peer group average limits and make sure all endorsements and riders address your actual exposure.

Our Financial Institution Bonds are written on the most current surety association forms and on a “discovery” basis (the broadest form of coverage) for qualifying banks.

We review your financials annually to keep your Bond limits appropriate for your bank’s growth and we take your bank out to bid every three years to make certain your premiums are in line with current market pricing. You will receive competitive proposals from at least three of our insurance carriers.

Our agency personnel will personally assist you in completion of your applications. We can usually complete them in less than two hours and greatly reduce the amount of time required of your own bank personnel in this process.

After your renewal terms are selected, we will provide your bank with a comprehensive review of your coverage for presentation to your board of directors and senior management. You will also receive an executive summary of your coverage for use by auditors and regulators.