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Let Us Customize A Solution For You Leaders Bank can help you manage your financial position more effectively. From treasury management and commercial lending to mortgages and internet banking, Leaders offers a broad array of customizable products and services.
Leaders Opens Another Door For Businesses
Opening doors is what Leaders Bank is all about, especially when it comes to helping businesses succeed. In early 2008, Leaders will be opening the doors to its brand new Hoffman Estates Banking Center. This full-service commercial center expands Leaders' presence to the northwest suburban business corridor and beyond. For new and existing corporate customers, it serves as a convenient extension of Leaders' main Oak Brook location. Click here to read more… Testimonials
International Contractors, Inc. ICI really cares about its customers. From the start, we recognized that Leaders shared our core value system and that was important to us," said Bruce Bronge, ICI's President. "Leaders surpassed our expectations with off-the-charts service and innovative new ideas. It's refreshing to get that level of service from a bank. And, the transition was painless. This was critical due to the complex nature of our business, which relies on many payables and receivables to run smoothly."
Frequently Asked Questions
A: Yes, this can be achieved through CDARS®. CDARS® is the Certificate of Deposit Account Registry Service®, available through Leaders Bank. FDIC insurance coverage is available on certificates of deposit currently up to $30 million. When you place a large deposit with Leaders, we work with our CDARS® network to place your funds into certificates of deposit issued by other banks in the network. This occurs in increments of less than $100,000 to ensure that both principal and interest are eligible for full FDIC insurance. Other network banks do the same with their customers' deposits. With the help of a sophisticated matching system network members exchange funds. This exchange occurs on a dollar-for-dollar basis, so that the equivalent of that deposit comes back to Leaders Bank. The full amount of the original deposit becomes eligible for complete FDIC protection and you receive just one regular statement detailing all of your holdings. If you have any further questions, contact De Orrock, VP Treasury Management, at 630-572-5323 extension 220. Click here to read more frequently asked questions…
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