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At Coconut Grove Bank, we've designed our products with you in mind. Coconut Grove Bank strives to provide you and your family with the highest level of convenience and is committed to making it easy and stress free to manage your finances. We welcome all residents of Miami-Dade, Broward and Palm Beach counties in Florida to apply. You must be 18 years of age to open an account.
At this time, we request that foreign nationals contact a personal banking officer to schedule an appointment to open an account.
This application process should take approximately 10 minutes. You will need the following items for the primary applicant and any joint applicants:
- Any one of Driver's License, Passport, Military ID or Government Issued ID
- U.S. Social Security Number
- U.S. Citizenship or Resident alien status
- External account information if funding from an external account
For your security, the system will log you off if there is no activity for 15 minutes.
Thank you for visiting Coconut Grove Bank online. We look forward to helping you meet all your financial goals.
IMPORTANT INFORMATION ABOUT OPENING A NEW ACCOUNT AT COCONUT GROVE BANK
To help the United States Government fight terrorism and money laundering, Federal law requires us to obtain, verify, and record information that identifies each person that opens an account. What this means for you: when you open an account, we will ask for your name, a street address, date of birth, and an identification number, such as a Social Security number, that Federal law requires us to obtain. We may also ask to provide your driver's license or other identifying documents that will allow us to identify you. We appreciate your cooperation.
NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTIONS ACCOUNTS
All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.
The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts. For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.