Business Checking and Money Market Accounts
In preparation for transitioning your business checking and/or money market account(s) from Security Savings Bank to NewBridge Bank, we mailed you a final statement from Security Savings Bank’s operating system for your account(s) dated Friday, November 8, 2013. This statement reflects all activity and account balances through close of business Friday, November 8, 2013 and any applicable interest earned through Monday, November 11, 2013.
Your next statement will be issued from NewBridge Bank’s operating system on your regularly scheduled statement date and will reflect activity beginning Saturday, November 9, 2013 in your new accounts with NewBridge Bank. To learn more about your NewBridge Bank checking and/or money market account(s), please review the following table which shows how your former Security Savings Bank account(s) transitioned to NewBridge Bank’s product line.
Please note: Interest on Lawyers’ Trust Accounts (“IOLTA”) transitioned to an identical IOLTA which follows the procedures and rules governing all lawyer trust accounts as established by the North Carolina State Bar.
|Security Savings Bank Account||Future NewBridge Bank Account|
|Simply Business Checking||Essential Business Checking|
|Small Business Checking (No-Interest)|
|Small Business Checking (Interest)||Business Interest Checking|
|Commercial Checking||Analysis Checking|
|Non-Profit Organization Checking||Non-Profit Checking|
|Business Money Market Account||Business Money Market Account|
|Business Security Plus Investment Account||Business Relationship Money Market Account*|
Complimentary benefits all NewBridge Bank checking and money market clients enjoy include:
- NewBridge Bank MasterCard Debit Card conveniently accepted at millions of retailers worldwide
- Online Banking with eStatements and Online Bill Pay
- Direct deposit
- Notary public services
- Treasury Services consultation
- Financial planning review for asset management, estate planning and business succession planning with with our Wealth Management** team
**Investments managed by NewBridge Bank’s Wealth Management department are not deposits; not insured by the FDIC or any other government agency; not guaranteed by NewBridge Bank; and subject to risk and may lose value.