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InsurBanc Notes FDIC Boosts Deposit Coverage
Farmington, CT (July, 2010) InsurBanc, the bank founded by insurance agents for insurance agents, summarizes federal deposit insurance and current issues that affect an agency’s business and personal accounts.

InsurBanc introduces the FlexLease program from Agents’ Express Leasing
Farmington, CT (June, 2010) InsurBanc Agents’ Express Leasing is proud to introduce FlexLease, a product to help preserve cash while providing the funds to outfit your agency with the latest equipment solution.

Jim Grace Makes the Move from Producer/Manager to Producer/Owner
Farmington, CT (June, 2010) Jim Grace long had a dream to own the independent agency in which he produced and managed. But while the owner agreed to perpetuate the agency, Grace could only buy if he could structure a deal that worked for everybody. Read how InsurBanc provided the financing package that got the deal done.

FDIC’s Liquidity Guarantee Program in effect until December 31, 2010
Farmington, CT (April, 2010) InsurBanc, the bank founded by insurance agents for insurance agents, noted that a federal liquidity guarantee program for non-interest bearing transaction accounts has been extended through end of year 2010.

Tax Filings, Financial Statements – and New Pitfalls
Farmington, CT (March 24, 2010) Although it may be tempting to breathe a sigh of relief when you’re done with the paperwork, keep in mind that bankers will be looking more closely than ever at the financial statements you submit to meet loan reporting requirements.

Remote Deposit Offers New Road to Efficiency for Agencies
Farmington, CT (March 11, 2010)  The banking industry is striving to keep up with technology and more importantly, your expectations of a banking experience.  What is important to your agency?  What can be done to enhance your experience and at the same time help increase the value of your agency?  Learn how remote deposit can help you.

Agencies Can Preserve Credit – The benefit of leasing business equipment
Farmington, CT (October 15, 2009) With our economy showing mixed signs of an upswing, individuals and businesses alike are looking for avenues that provide the most cost savings and stability during these trying times—and independent insurance agencies are no exception.

John Rost Achieves Goal of Building An Insurance Franchise
Huntington Beach, CA (October, 2009) – John Rost, founder of Fiesta Auto Insurance, faced the same challenging financing needs as most independent insurance agencies do, but added to that a unique dream of starting an insurance franchise. Read how InsurBanc provided a line of credit to give Fiesta Insurance Franchise Corp. the working capital to build out the franchise concept.

InsurBanc Introduces New Remote Deposit Scanner
Farmington, CT (July 6, 2009) – InsurBanc's Virtual Deposit Delivery system allows business customers to electronically submit checks for deposit without ever leaving the office. And now with our new inexpensive, compact scanner we can accommondate small businesses with deposits of 25 or less checks per day.

Build Your Own Rewards with the InsurBanc Rewards Visa Credit Card
Farmington, CT (June, 2009) – At InsurBanc, we are pleased to announce that we will be launching the “Build Your Own Rewards” program for our Visa credit card.

Cash Management Services: What difference can they make to an Independent Agency?
Independent agencies can and should expect their banking relationship to work for them.

InsurBanc Offers Web Site on Deposit Insurance / FDIC Expands $250,000 Insurance Coverage
Farmington, CT (May, 2009) InsurBanc, the bank founded by insurance agents for insurance agents, summarizes federal deposit insurance and current issues that affect an agency’s business and personal accounts.

InsurBanc is pleased to be a sponsor of the 2009 Best Practices study.
Farmington, CT (March, 2009) The annual Best Practices Study originated in 1993 as an initiative to help independent agents build the value of their most important asset, their agencies. Click here to learn more.

Best's Review - The Long Run
Perpetuating your agency takes a plan, financing and most of all, time. Read Best's Review article featuring InsurBanc's Robert Pettinicchi to learn more. Click here

We’ve Been Lending…
Farmington, CT (March, 2009) At InsurBanc, we understand the challenges that independent insurance agencies face, especially in today’s economy. When agencies need financing for agency acquisition and perpetuation, they need to partner with an institution that understands their unique business model.

InsurBanc Offering CD Ladders
Farmington, Conn. (March 9, 2009) At InsurBanc, we are aware of the impact of today’s economy on the independent insurance agency’s finances. We also have a clear understanding of their unique cash flow needs. That’s why we’ve combined competitively priced, FDIC-insured savings products with maturity options to help keep your agency running profitably.

Stacey Reid Rises Up At Hartgraves Insurance
Lovington, NW, (February, 2009) - Independent insurance agencies face various obstacles, especially when trying to obtain a loan. Read how InsurBanc helped Stacey Reid obtain a perpetuation loan and become the owner of Hartgraves Insurance.

What Agencies Can Expect Accessing Bank Capital
Every morning, stories of financial sector gloom and doom fill the airwaves. A slowing economy has affected the ability of individuals and businesses to pay their bills. The term "credit crunch" has become a part of the daily lexicon, with loan losses and foreclosures at banks reaching record highs. Click here to learn more.

Read InsurBanc's featured Equipment Leasing article in Rough Notes!

How to Choose the Right Bank for Your Agency
Independent agents or agency owners have unique financial needs. Unfortunately, few banks truly understand those needs. Worse yet, it has become the norm for banks to also sell insurance, meaning they actually compete against independent agents. Click here for more details.

Buy your way to growth.
What you need to know about acquiring another agency.
In today’s demanding business climate, agencies have two options: grow and prosper, or just stay the course. But how to grow? Most agencies can grow organically, through plain old hard work, methodically attracting more clients and perhaps expanding markets. A few, however, accomplish it quickly, by acquiring another agency. In fact, hundreds of sizeable independent agency mergers were recorded last year alone. Is a merger or acquisition in your agency’s future? Here are important considerations to help you craft a deal to your advantage. Click here for more details.

Financing the Future:
How to Approach a Lender about Your Perpetuation Plans
You’ve put all that effort into formulating a perpetuation plan for your insurance agency. Now it’s time to execute it. And that may require some additional financial resources. Click here for more details.

Read how InsurBanc helped agent Deborah Buckley go from service rep to agency owner. Click here.