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We are not a new bank, but our approach is a new way of doing banking by putting our customers first and taking our bank to our customers through Concierge Banking.
New Century Bank Announces Successful Completion of Capital Raise - Raised $43 million of common stock (pdf)
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New Century Bank, doing business as Customers USA Bank is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules. Minimum FDIC coverage of $250,000.00 was made permanent July 21, 2010.
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