The Bank of Commerce FL Reviews, Rates and Information

Bauer Rating ? ★★★★★

About

The Bank of Commerce FL (FDIC certificate 35451) was established in 2000 and operates through 3 branch offices located in FL. Mr. Charles O. Murphy, President/CEO of The Bank of Commerce FL, leads a team of 33 employees.The bank's parent holding company, BANK OF COMMERCE HOLDINGS, INC. is based in Sarasota, FL.

The Bank of Commerce FL, headquartered in Sarasota, FL, is rated zero stars for financial strength by BauerFinancial, Inc., the nation’s leading bank rating firm. Zero-Stars is the lowest star rating. These institutions are facing considerable challenges at this time and can be found on Bauer’s Troubled and Problematic Bank Report.

The Bank of Commerce FL is a state chartered commercial bank and not a member of Federal Reserve. With $210 million in total assets, the FDIC classifies the bank’s asset concentration as "Commercial Lenders" which is defined as institutions whose commercial and industrial loans, plus real estate construction and development loans, plus loans secured by commercial real estate properties exceed 25 percent of total assets.

The Bank of Commerce FL Rates

The Bank of Commerce FL: National Interest Rates

All rates effective as of 10/22/2015

Rate (APY)

Account Type

Estimated Balance for 1 year

0.85%APY

1 Year CD

$25,213
1.25%APY

2 Year CD

$25,313
0.75%APY

6 Month CD

$25,188
0.05%APY

Checking Account

$25,013
0.15%APY

Online Savings

$25,038
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