The iBankLocal network is currently limited to banks in Northern California. New areas will be added soon.
Before you open a new account at any financial institution, understanding your deposit insurance coverage is essential.
The FDIC insures bank deposits up to $250,000 with additional coverage for joint accounts and retirement accounts. Many non-interest bearing personal and business accounts are completely covered. For more information about FDIC insurance coverage visit the FDIC site or talk to your banker.
If you are considering a relationship with a bank as an individual or business owner with loans or deposit accounts over the insured amount, we recommend that you research the bank's financial health prior to moving your accounts.
About
About ibanklocal.org
iBankLocal.org provides easy access to a network of real community banks, featuring only financial institutions which have joined the network and are members of sponsoring community banking associations.
iBankLocal.org speaks to the spirit and value system of community banking and spreads the message that better banking is out there – and right in the comfort of your own neighborhood. Community banks are lifelines for Main Street, supporting local economies by fostering small and mid-sized businesses, individuals and families through relationship banking and sound financial principles.
The five largest banks control about two-thirds of assets in the US banking system. As long as that condition exits, it would be very difficult to get rid of too-big-to-fail. What can you as an individual citizen do about this? You can help turn around the trend for fewer banks controlling the nation’s banking system. How? You can make a decision to move your banking relationships to a local community bank.
With the plunders of Wall Street and too-big-to-fail banks, consumers and local businesses have had enough and are tired of the disconnect with these behemoth financial institutions. Local banks loan, invest and return their profits right back into the community. Community banks have a simple philosophy of putting their customers and their community first, focusing on relationships rather than transactions.
There are a number of excellent local choices and iBankLocal.org helps connect people, their money and their community to the right local bank.
Participating local banks are members of Western Independent Bankers and California Independent Bankers.
Participating Banks
AltaPacific Bank; Bank of Alameda; Bank of Agriculture & Commerce; Bank of Marin; Bank of Napa, N.A.; Bank of Sacramento; Bay Commercial Bank; Borel Private Bank & Trust Company; Bridge Bank, N.A.; Community Bank of the Bay; Community Business Bank; First Community Bank; First National Bank of Northern California; Five Star Bank; Focus Business Bank; Folsom Lake Bank; Golden Pacific Bank; Heritage Bank of Commerce; Mechanics Bank; Merchants National Bank of Sacramento; Mission National Bank; New Resource Bank; North Coast Bank; Pan Pacific Bank; Presidio Bank; Scott Valley Bank; Summit Bank; Summit State Bank;Tri-Valley Bank; and United American Bank.
