Founded in 1971, Commonfund is devoted to enhancing the financial resources of educational and other nonprofit institutions including endowments, foundations, healthcare and service organizations through superior fund management, investment advice, and treasury operations. Directly or through its subsidiaries, Commonfund Capital, Commonfund Realty, and Commonfund Asset Management Company, Commonfund manages approximately $24.8 billion for approximately 1,594 nonprofit educational institutions, foundations, healthcare and other nonprofit institutions. In response to the growing needs of nonprofit institutions, Commonfund, together with its subsidiary companion organizations, offers more than 40 different endowment investment programs. All securities are distributed through Commonfund Securities, Inc.
About The Bancorp Bank
The Bancorp Bank is a publicly held, FDIC-insured financial services provider that specializes in delivering private labeled Internet-enabled banking services to affinity groups and demographic constituencies. The Bancorp Bank builds its customer base through these affinity relationships and develops programs and services that appeal to that specific market.
With a clear vision of quality and innovation, The Bancorp Bank takes the lead in delivering financial products and services that customers want in a manner that looks ahead to the future. Their goal is to provide banking solutions that are accurate, flexible, personal and easy-to-use ~ anywhere in the world, anytime day or night.
Tailored product offerings include a full range of personal financial services including interest- bearing checking accounts, a full line of loan products and online bill payment. Business products and services include several checking accounts, cash management services, loans, and leasing options.
The Bancorp Bank is founded on the principles and knowledge of its people ~ a team that shares 140 + years in banking and technology experience. The Bancorp Bank has offices in Wilmington, Delaware and Philadelphia, Pennsylvania.
FDIC Insurance
The Bancorp Bank is an FDIC-insured bank. As a depositor at The Bancorp Bank, your accounts are insured to at least $250,000.
The Bancorp Bank is a member of the Federal Deposit Insurance Corporation (FDIC). The FDIC is part of the Federal Government which insures the deposits of banks and savings institutions. If the value of your accounts totals $250,000 or less, the funds are fully insured. You can have more than $250,000 and still be fully insured, provided the accounts meet certain requirements. These coverage limits are in effect until December 31, 2013. Refer to Your Insured Deposit for more information.
After December 31, 2009, The Bancorp Bank will no longer participate in the FDIC's Transaction Guarantee Program. Funds held in noninterest-bearing transaction accounts will no longer be guaranteed in full under the Transaction Account Guarantee Program, but will be insured up to $250,000 under the FDIC's general deposit rules.