Investment Services

Overnight Investments*

Overnight investments of excess funds. Compensating balance of $100,000.00 is required and the excess is invested in multiples of $25,000.00 at the current FED funds rate, less a spread previously arranged and dependent on account balances.

* This account is not covered or guaranteed by the FDIC (Federal Deposit Insurance Corporation).

Settlement Accounts

Accounts offered to select clients only for the handling of settlement payments to credit card operators (i.e: Visa, MasterCard, American Express, Diners, etc.).

Treasury Products and Derivatives

Offered in conjunction with other divisions or affiliates of BAC Florida Bank.

DISCLOSURE

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT - To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.