Factors To Consider In Hurricane Planning
Hurricane Season Has arrived and Executive National Bank has developed factors to take into consideration when planning for a Hurricane. As you may know, hurricane season is from June 1 through November 30th. As a CAM or Board Director of a community association the concern is to develop a disaster plan that helps minimize risks and streamline communication.
Executive National Bank Awarded 5-Star “Superior” Rating
Miami, FL December 16, 2015 – “Twenty-two banks in Miami-Dade and Broward counties earned the highest possible rating of fives stars from Bauer Financial for the third quarter of 2015…;Executive National Bank, Miami.” © The Miami Herald, [2015]

*BauerFinancial Star ratings based on Executive National Bank’s September 30, 2015 financial data.
Executive National Bank Earns 5-Star Rating For 15 Consecutive Quarters
For the 15th consecutive quarter, Executive National Bank has been rated a 5-Star* institution by BauerFinancial for Superior financial strength.

*BauerFinancial Star ratings based on Executive National Bank’s June 30, 2015 financial data.
Executive National Bank Earns 5-Star Rating For 14th Straight Quarter
For the 14th consecutive quarter, Executive National Bank has been rated a 5-Star* institution by BauerFinancial. In a time when many other banks are losing sight of the personal touch, ENB continues to provide its customers with exceptional service.

*BauerFinancial Star ratings based on Executive National Bank’s March 31, 2015 financial data.
Executive National Bank rated 5-Stars again by BauerFinancial
Miami, FL March 30, 2015 – Executive National is consistently earning a 5-Stars rating by BauerFinancial. The latest 5-Stars ratings proves once again that Executive National Bank is dedicated to offering a SUPERIOR banking experience!

*BauerFinancial Star ratings based on Executive National Bank’s December 31, 2014 financial data.
Executive National Bank Receives A+ For Institution Health
Miami, FL February 20, 2015 – DepositAccounts.com released its most recent financial health ratings for all federally-insured banks and credit unions. Executive National Bank received an A+ grade, which puts the bank in the top tier nationwide in terms of financial health.

*DepositAccounts.com grades based on Executive National Bank’s September 30, 2014 financial data.
Executive National Bank Awarded 5-Star “Superior” Rating
Miami, FL December 16, 2014 – “Nineteen Miami-Dade and Broward banks received five stars – the highest possible – in the most recent ratings by Coral Gables-based BauerFinancial, based on Sept. 30 results. Awarded the five-star “superior” rating… (was) Executive National Bank, based in Miami.” © The Miami Herald, [2014]

*BauerFinancial Star ratings based on Executive National Bank’s September 30, 2014 financial data.
To Report Security Concerns…
Miami, FL June 23, 2014 – To better serve you, we’ve created a new email address. Please email abuse@executivebank.com to report security concerns (such as suspicious emails that appear to come from the bank). This email address will be monitored by Executive National Bank’s Information Security Officer and Director of IT.
BauerFinancial Rates Executive National Bank 5-Stars!
Miami, FL June 11, 2014 – Gain peace of mind from the safe and sound banking practices that make Executive National Bank a 5-star “SUPERIOR” bank!*

*BauerFinancial Star ratings based on Executive National Bank’s March 31, 2014 financial data.
Important Notice of Phishing e-mail campaign
Executive National Bank has been advised by IBM-Trusteer of a phishing e-mail campaign that started on May 9, 2014 which targets IBM-Trusteer.

The fraudulent e-mails appear to come from Trusteer with the sender’s e-mail address masquerading as support@trusteer.com… Read More
Prepare Your Community for a Hurricane
Miami, FL July 15, 2013 – Tropical Storm Chantal was a reminder that Hurricane Season is upon us. The National Oceanic & Atmospheric Administration (NOAA) is forecasting an active or extremely active Atlantic Hurricane Season this year, so it is essential that homeowner associations prepare a hurricane plan in advance of a storm to protect community residents.

Here are some factors to consider when preparing a hurricane plan for your HOA community…Read More
BauerFinancial Rates Executive National Bank 5-Stars!
Miami, FL June 11, 2013 – Gain peace of mind from the safe and sound banking practices that make Executive National Bank a 5-star “SUPERIOR” bank!*

*BauerFinancial Star ratings based on Executive National Bank’s March 31, 2013 financial data.
Miami, FL April 15, 2013 – The Office of the Comptroller of the Currency (OCC) granted Executive National Bank an “Outstanding” rating during its most recent Community Reinvestment Act (CRA) audit.

The Community Reinvestment Act of 1977 provides a framework to ensure that financial institutions are working to meet the credit needs of the communities they serve. The OCC evaluated Executive National Bank’s performance “based on its strategic focus on commercial lending to small businesses” in Miami-Dade County from… Read More

Click here to read the OCC’s complete public disclosure.
ALERT: Fraudulent Emails Claiming to be from the FDIC
Miami, FL January 30, 2013 – “The Federal Deposit Insurance Corporation (FDIC) has received numerous reports of fraudulent e-mails that have the appearance of being sent from the FDIC.
 
While the e-mails exhibit variations in the “From” and “Subject” lines, the messages are similar.
 
The fraudulent e-mails are addressed to the attention of the “Accounting Department” and meant to notify recipients that “ACH and WIRE transactions” are being blocked until “special security software” is installed. Then they instruct recipients to go to a Web site for instructions on how to download the necessary files by clicking on a hyper-link provided (Note: the Web site addresses (URL) vary widely).
 
This e-mail and link are fraudulent. Recipients should consider the intent of this e-mail as an attempt to collect personal or confidential information, or to load malicious software onto end users’ computers. Recipients should not click on the link provided.
 
The FDIC does not issue unsolicited e-mails to consumers or business account holders.”
NEWS for Merchants and Credit Card Users
“Effective January 27, 2013, merchants are able to surcharge a customer’s credit card transaction (not debit or pre-paid) where permitted by local and state laws. Merchants must register with Visa, MasterCard and their acquirer 30 days prior to implementation of surcharging.”
 
BauerFinancial Rates Executive National Bank 5-Stars!
Miami, FL December 19, 2012 – Gain peace of mind from the safe and sound banking practices that make Executive National Bank a 5-star “SUPERIOR” bank!*

*BauerFinancial Star ratings based on Executive National Bank’s September 30, 2012 financial data.
NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS
Miami, FL December 5, 2012 –
“By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor’s accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.

For more information about FDIC insurance coverage of noninterest-bearing transaction accounts, visit
http://www.fdic.gov/deposit/deposits/unlimited/expiration.html.”
Local Bank Organizes a “Personal Care Basket” Thanksgiving Drive  
Miami, FL November 12, 2012 – In the spirit of Thanksgiving, Executive National Bank will donate Mommy and Baby personal care baskets to help struggling moms in our community. Want to help? Visit any of our branches before November 30, 2012 to sponsor a basket or to make a donation to our local partner, Healthy Start Coalition.*

*Healthy Start Coalition is a prenatal and infant care coalition dedicated to helping pregnant women and their children. Visit hscmd.org to learn more about Healthy Start Coalition.
ALERT: Fraudulent Emails Claiming to be from the FDIC
Miami, FL September 13, 2012 – “This message is to notify you of two fraudulent e-mails in circulation claiming to be from the FDIC.  Please consider both to be fraudulent.

The first fraudulent email includes statements pertaining to the Bankruptcy Reform Act of 1978 and the Investor Protection Law under the Securities Act of 1933. The contact information claims to be fdic.gov@execs .com and the area code of (646) is used is for the Washington Office. The FDIC does not have email addresses @execs.com and (202) is the area code for the Washington Office. A form, which is attached to the cover letter, purports to be an “FDIC Claimant Verification” form. It too is fraudulent.

The second fraudulent email claims to originate at support@fdic .gov and pertains to ACH transactions. The recipient is told that an ACH transaction has not been delivered; the recipient is requested to download the update via a link.

These e-mails are fraudulent and were not sent by the FDIC. Recipients should consider these e-mails as an attempt to steal money or obtain personal or confidential information from the recipient. Recipients should NOT, under any circumstances, send funds as requested or provide any personal financial information. Also, please do not click on the links provided in the fraudulent emails, as this may load malicious software onto end users’ computers. As a reminder, the FDIC does not send unsolicited emails to consumers or business account holders.”
Executive National Bank Awarded 5-Star “Superior” Rating
Miami, FL September 8, 2012 – “Ten South Florida banks received five stars – the highest possible – in the most recent ratings by Coral Gables-based BauerFinancial. Awarded the five-star “superior” rating… (was) Executive National Bank, based in Miami.” © The Miami Herald, [2012]
 
*BauerFinancial Star ratings based on Executive National Bank’s June 30, 2012 financial data.
A Simple Guide to Homeowner Association Reserve Accounts
A Homeowners Association (HOA) reserve account is a savings account. HOA reserves pay for the legal, fiduciary, and professional expenses that result from the repair, restoration, replacement, or maintenance of shared equipment and major components on the property. Following stringent requirements, an Association can also use reserve account funds to meet short-term cash flow needs. 

The “right” level of HOA reserve account funding depends on… Read More
Envelope Error Notification
Miami, FL May 4, 2012 – This month some of our customers received their Executive National Bank statement in a Community Bank of Broward envelope. We are taking this incident very seriously. This error occurred when the incorrect envelopes were loaded at our processing partner’s secure facility. We assure you that your personal information has not been compromised. Our processing partner that handles printed statements is SSAE 16 certified (formerly known as SAS 70). Executive National Bank continues to be owned and operated by the same, stable ownership group that acquired the bank in 1981.

For additional information, please contact your banker at 305.274.8382.
  
ALERT: Fraudulent Emails Claiming to be from the FDIC
Miami, FL April 27, 2012 – “The Federal Deposit Insurance Corporation (FDIC) has received numerous reports of fraudulent e-mails that have the appearance of being sent from the FDIC. The e-mail exhibits the ‘Subject’ line: ‘SURVEY CODE: STJSPNUPUT’. The ‘From’ line may exhibit variations; however, the messages are similar. The email states, ‘You have been chosen by the FDIC to take part in our quick and easy 5 questions survey. In return we will credit $100 to your account just for your time!'”

Recipients should not click on the link provided. This email and link are fraudulent.
 
To read the complete article, visit http://www.fdic.gov/consumers/consumer/alerts/index.html
ALERT: Fraudulent Emails Claiming to be from the FDIC
Miami, FL April 16, 2012 – “The Federal Deposit Insurance Corporation (FDIC) has received numerous reports of fraudulent e-mails that have the appearance of being sent from the Publishers Clearing House that make reference to the FDIC. The e-mails inform the recipient that he or she is the winner of a large cash prize and instructs them to obtain a “Check Insurance Certificate from FDIC”. The e-mails state the FDIC will be “requesting a fee of $1,000.00” to provide the “Check Insurance Certificate”. The e-mails state that the recipient is to write to the FDIC via e-mail for instructions on how to send the requested fee. A fraudulent phone number and e-mail address are provided. The FDIC does not issue anything called a “Check Insurance Certificates”.

These e-mails are fraudulent and were not sent by Publishers Clearing House or the FDIC.” Recipients should not click on the link provided.
 
To read the complete article, visit http://www.fdic.gov/consumers/consumer/alerts/index.html
Identity Theft Awareness and Prevention
Every day, fraudsters around the world develop new scams to steal personal and confidential business information from unsuspecting victims. Once stolen, this information is sold or traded on black market forums called underground economy servers. Credit card numbers, email account credentials and bank account numbers/balances are bought and sold through these forums daily. According to security firm Symantec, a victim’s credit card information can sell for as little as $0.07 per record and Online Banking credentials can sell for as much as $900 per record.

The best way to protect your identity is to educate yourself… Read More
ALERT: Fraudulent Emails Claiming to be from the FDIC
Miami, FL February 15, 2012 – “The Federal Deposit Insurance Corporation (FDIC) has received numerous reports of fraudulent e-mails that have the appearance of being sent from the FDIC. While the e-mails exhibit variations in the “From” and “Subject” lines, the messages are similar. The fraudulent e-mails are meant to notify recipients that “Your ACH and Wire transaction abilities have been temporarily withhold for your security, because your security version expired.”  This e-mail and link are fraudulent. Recipients should consider the intent of this e-mail as an attempt to collect personal or confidential information, or to load malicious software onto end users’ computers. Recipients should not click on the link provided.
 
To read the complete article, visit http://www.fdic.gov/consumers/consumer/alerts/index.html 
Cash flow management is one of the factors that decidedly separates successful associations from ineffective associations, so it is essential that the board of directors consider strategies to improve the HOAs cash flow. One simple way to improve an association’s cash flow is to incorporate an Insurance Premium Financing Strategy. Insurance Premium Financing is not the insurance policy itself, but instead a means of financing the purchase of an insurance policy.
 
To limit an HOA board member’s liability and allow the board to retain maximum control of the HOA, associations are best served by lenders that… Read More
ALERT: Fraudulent Emails Claiming to be from the FDIC
Miami, FL February 8, 2012 – “The Federal Deposit Insurance Corporation (FDIC) has received numerous reports of fraudulent e-mails that have the appearance of being sent from the FDIC. While the e-mails exhibit variations in the ‘From’ and ‘Subject’ lines, the messages are similar. The fraudulent e-mails are said to notify recipients of ‘recent changes in the Federal Deposit Insurance Corporation insurance coverage.’ This e-mail and link are fraudulent. Recipients should consider the intent of this e-mail as an attempt to collect personal or confidential information, or to load malicious software onto end users’ computers. Recipients should not click on the link provided.
 
To read the complete article, visit http://www.fdic.gov/consumers/consumer/alerts/index.html 
Executive National Bank Announces New Senior Vice President
Miami, FL December 27, 2011 – Carlos A. Safie is proud to announce the newest addition to the Executive National Bank management team, Senior Vice President Andrew D. Wallace. SVP Wallace will preside over Vendor Management and eBanking. “Andrew is a great addition to our management team. His experience in emerging technologies and vendor management will help advance our bank’s strategic goals…” Read More
Miami, FL December 21, 2011 – “The Federal Deposit Insurance Corporation (FDIC) has received numerous reports of a fraudulent e-mail that has the appearance of being sent from the FDIC. The fraudulent e-mails are said to notify recipients of “recent changes in the Federal Deposit Insurance Corporation insurance coverage.” A hyper link is provided (the Web addresses (URL) vary widely) to a Web site that supposedly provides “more details of this temporary FDIC coverage for transaction accounts.” This e-mail and link are fraudulent. Recipients should consider the intent of this e-mail as an attempt to collect personal or confidential information, or to load malicious software onto end users’ computers. Recipients should not click on the link provided.”
 
To read the complete article, visit http://www.fdic.gov/consumers/consumer/alerts/index.html
Lockbox is a service whereby a financial institution takes responsibility for processing payments mailed to a designated PO Box. This service is ideal for processing homeowner association payments because it reduces internal processing/handling costs and reduces posting delays to help improve the association’s cash flow.

Several factors should be considered before selecting a financial institution to handle an association’s incoming receivables… Read More
Miami, FL December 8, 2011 – “The Federal Deposit Insurance Corporation (FDIC) has received numerous reports of a fraudulent e-mail that has the appearance of being sent from the FDIC. The e-mails appear to be sent from various ‘@fdic.gov’ e-mail addresses, such as ‘insurance@fdic.gov,’ ‘subscriptions@fdic.gov,’ ‘alert@fdic.gov,’ or ‘accounts@fdic.gov.’ The e-mails have subject lines, such as: ‘FDIC: Your business account;’ ‘FDIC: About your business account;’ ‘Insurance coverage of your business account;’ or something similar.”
 
To read the complete article, visit http://www.fdic.gov/consumers/consumer/alerts/index.html
Leveraging CDARS® to Increase Your FDIC Coverage
The Federal Deposit Insurance Corporation (FDIC) insurance limit should be considered by anyone who keeps in excess of the $250,000 Standard Maximum Deposit Insurance Amount per ownership category. To address the need for FDIC insurance in excess the Standard Maximum Deposit Insurance Amount, some banks offer CDARS®, the Certificate of Deposit Account Registry Service. 

CDARS is particularly beneficial to homeowner associations, non-profit organizations, and public entities that have a fiduciary responsibility to protect their members’ funds… Read More
Miami, FL October 11, 2011 – “The Federal Deposit Insurance Corporation (FDIC) has received numerous reports of a fraudulent e-mail that has the appearance of being sent from the FDIC. The e-mail appears to be sent from a ‘regulations@fdic.gov’ e-mail address and has a subject line that reads: ‘2011 updated FDIC regulations.'” To read the complete article, visit http://www.fdic.gov/consumers/consumer/alerts/index.html
 
Miami, FL July 19, 2011 – “The Federal Deposit Insurance Corporation (FDIC) has received numerous reports of fraudulent emails that have the appearance of being from the FDIC. The emails appear to be sent from various “@fdic.gov” email addresses, such as protection@fdic.gov, admin@administration.fdic.gov, service@administration.fdic.gov. The messages have various subject lines that read: Update for your banking account, ACH and Wire transfers disabled, and Banking security update.”
 
Miami, FL June 9, 2011 – The Federal Deposit Insurance Corporation (FDIC) has received numerous reports of fraudulent e-mails that have the appearance of being from the FDIC. The e-mails appear to be sent from various “@fdic.gov” e-mail addresses, such as subscriptions@fdic.gov, alert@fdic.gov,  or accounts@fdic.gov. They have subject lines that read: FDIC: Your business account or FDIC: About Your Business Account.  

To read the complete article, visit http://www.fdic.gov/news/news/SpecialAlert/2011/sa11020.html
NOTICE OF CHANGES IN FUNDS AVAILABILITY
Miami, FL May 31, 2011 – The current funds availability regulation provides that if a bank has a delayed availability policy, it has to make the first $100 of a deposit available the first business day after the day of the deposit. As a result of the Dodd-Frank Act, the $100 rule is being increased to $200; so, a bank must make the first $200 of a deposit available the first business day after the day of the deposit. This change will become effective on July 21, 2011.
Miami, FL March 4, 2011 – Executive National Bank was proud to partner with the Cystic Fibrosis Foundation in February to promote their “Give From the Heart” campaign… Read More
Miami, FL February 24, 2011 – “E-mails fraudulently claiming to be from the FDIC are attempting to get recipients to click on a link, which may ask them to provide sensitive personal information. These e-mails falsely indicate that FDIC deposit insurance is suspended until the requested customer information is provided.”
 
ALERT: IRS Warns of Scheme to Steal Identity and Financial Data 
Miami, FL February 3, 2011 – We learned of a resurgence of the 2004 identity theft scam involving W-8BEN. To read more about fake W-8BEN forms, click here.
(UPDATE) NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS
Miami, FL January 31, 2011 – “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.”
NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR IOLTAs
Miami, FL January 19, 2011 – In a press release dated 01.18.2011, the FDIC announced that “all funds held in IOLTA accounts (Interest on Lawyers Trust Accounts), together with all other noninterest-bearing transaction account deposits, are fully insured, without limit, from December 31, 2010, through December 31, 2012.”
 
To read the complete FDIC press release, visit http://www.fdic.gov/news/news/press/2011/pr11008.html.
NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS
Miami, FL December 28, 2010 – “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 does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, money-market deposit accounts and Interest on Lawyers Trust Accounts (‘IOLTAs’). 
 
For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.”
 
*As it relates to sweep account customers, whose funds are swept from a non-interest-bearing transaction account to an interest-bearing deposit account, it is important to note that the swept funds will not be eligible for unlimited coverage.
Miami, FL December 15, 2010- The Internal Revenue Service (IRS) will discontinue TT&L coupon processing (IRS Form 8109) at the end of 2010. As a result, Executive National Bank will stop accepting paper Federal Tax Deposit (FTD) coupons…. businesses with a quarterly federal tax liability in excess of $2,500 will need to remit tax payments electronically. Their remittance options include… Read More

Miami, FL September 30, 2010 – Executive National Bank is pleased to announce its continued support of Breast Cancer Research and Awareness… Efigenia Salvagno, Private Banker and Breast Cancer Survivor at Executive National Bank’s Tamiami Branch said, “As other cancer survivors know, beating cancer is a day-by-day challenge; without the support of family, friends and the community, it would be difficult to win the battle.”Read More

 

Visit http://miamiftl.info-komen.org/goto/executivebank to donate by debit or credit card, or visit one of the bank’s locations before October 29,2010 to donate by check. 

Miami, FL September 6, 2010 – To better serve property management companies and homeowner associations, Executive National Bank has eliminated the enrollment process for its Property Pay eCheck Payment Solution… The Property Pay system is an easy-to-use electronic lockbox that processes homeowner payments through the ACH system, accelerating collections and improving the association’s cash flow… Read More

iLockBox Upgrade
Miami, FL August 26, 2010 – Please be advised that we are upgrading the iLockBox operating system. The changes will not affect your navigation of the site. If you encounter interruptions in service, please call Cesar De la Noval at 305.256.3311 or Ana Reyes 305.662.4715.
Miami, FL August 13, 2010—Miami-Dade County Public Schools reopen their doors on August 23 for the 2010-2011 school year. In time for back-to-school shopping, Miami welcomes a tax-free weekend from August 13 to the 15. The tax savings apply to purchases of school supplies under $10 and purchases of clothes, shoes, and books under $50. To help with back-to-school shopping, Executive National Bank is also offering its Visa Debit Cardholders discounts at select retailers. Click here to access the offers, which expire on or before October 31, 2010)… Read More
FDIC Coverage Permanently Raised to $250,000
Miami, FL July 21, 2010 – President Obama signed a law that permanently raises the standard maximum deposit insurance amount (SMDIA) to $250,000 per depositor. Prior to this law, the SMDIA would have reverted to $100,000 on January 1, 2014. Please note that the Transaction Account Guarantee program which provides unlimited coverage on qualifying transaction accounts, was not extended and will expire December 31, 2010.

 

To read more about the change to FDIC coverage, visit http://www.fdic.gov/news/news/press/2010/pr10161.html.

Miami, FL June 21, 2010 – Effective July 1, 2010, the FDIC will redefine qualifying TAGP accounts to include transaction accounts with interest rates up to 0.25%. Prior to this change, the Transaction Account Guarantee Program covered interest-bearing transaction accounts with interest rates up to 0.5%. Executive National Bank’s participation in this voluntary program will provide its depositors, unlimited FDIC coverage on funds maintained in all Executive National Bank checking accounts and IOTAs (Interest on Attorney’s Trust Accounts)… Read More
Miami, FL May 28, 2010 – Executive National Bank (ENB), a South Florida community bank, is proud to offer its Visa Debit and ATM cardholders free Mobile Alerts starting on May 31, 2010. The new service includes automated alerts that allow customers to identify unauthorized activity quickly, to mitigate the impact of Debit Card fraud. In addition to offering automated alerts, Executive National Bank’s Mobile Alerts allow customers to request primary account balance details on demand; during bank testing, the average response time for on demand account balance requests was 2-5 seconds… Read More
 
Customers interested in Executive National Bank’s free Mobile Alerts should call their Private Banker at 305.273.2900.
Miami, FL April 19, 2010 – Earlier today, the Federal Deposit Insurance Corporation (FDIC) announced that it will extend the Transaction Account Guarantee Program through at least December 31, 2010. Executive National Bank’s participation in this voluntary program will provide its depositors, unlimited FDIC coverage on funds maintained in all Executive National Bank checking accounts and IOTAs (Interest on Attorney’s Trust Accounts)… Read More
Miami, FL February 22, 2010 – February is American Heart Month… To support American Heart Month and increase awareness, Executive National Bank provided its customers with tips for healthy living and distributed pedometers. The bank sent customers a link to the American Heart Association’s                    Life’s Simple 7, which highlighted the benefits of monitoring blood pressure, cholesterol and sugar intake… Read More
Miami, FL February 22, 2010 – “Move Your Money” is a grassroots campaign aimed at encouraging people to move their deposits from the “too big to fail” banks to community banks. Promoters of this effort are critical of financial institutions like Wells Fargo, Bank of America, JPMorgan Chase, and Citigroup that accepted large government bailouts and yet cut lending to businesses by $100 billion.
 
Click on the following National Public Radio link to learn more about this campaign… Listen to the NPR Broadcast
10 Faces of Fraud for 2010
By Linda McGlasson, Managing Editor of BankInfoSecurity.com
December 14, 2009 – “The more things change, the more things stay the same.” This old saying holds true when it comes to the different types of fraud hitting financial institutions… Here is a roundup of the 10 predominant types of fraud that institutions and their customers can expect to see in 2010, according to industry experts
Read More
Local Bank Reinforces Its Commitment to Local Businesses
Miami, FL December 11, 2009 – On December 10th Executive National Bank hosted the 2009 Holiday networking event for the Kendall Networkers group… “We value our partnership with the Kendall Networkers and were delighted to host this holiday event to support the prosperity of local businesses in the New Year,” said Kathrina F. Saladrigas, Marketing and Training Manager… Read More
Miami, FL October 23, 2009 –Executive National Bank is proud to continue its support of Susan G. Komen for the Cure Foundation. Throughout October, the bank’s five branches distributed pink ribbons and collected over $950 in donations to support breast cancer research and awareness. Susan G. Komen for the Cure Foundation generates the largest source of nonprofit funds dedicated to the fight against breast cancer. Their most prominent event, the Race for the CureRead More
Miami, FL October 2, 2009 – Executive National Bank, a leading provider of banking solutions for property management companies and homeowner associations, has selected Revo Payments as its exclusive provider of e-check, debit card, and credit card payment technologies. “We pride ourselves in understanding our customer’s needs. With our newest product Property Pay we are able to provide homeowners what they’ve asked for: a way to pay HOA dues online,” said Cesar de la Noval, Senior Vice President/ Commercial Treasury Relationship Manager… Read More
UPDATE: Local Bank Offers Unlimited FDIC Coverage on Qualifying Accounts
Miami, FL August 26, 2009 – Executive National Bank announced that it will renew its participation in the Transaction Account Guarantee Program administered by the Federal Deposit Insurance Corporation (FDIC). Participation in this voluntary program will offer depositors unlimited FDIC coverage on funds maintained in all Executive National Bank checking accounts and IOTAs (Interest on Attorney’s Trust Accounts)… Read More
Same Bank, Same Name… NEW Website!
Miami, FL August 20, 2009 – On August 14, 2009, Executive National Bank launched their newly redesigned website, www.ExecutiveBank.com. The team that developed the site worked diligently to incorporate best practices in web design…The website’s enhanced navigation capabilities include a new search bar feature, custom drop down menus, and related product information on every page. These features are compatible with the smart phone technology used in Blackberry® and iPhone® devices…Read More
Miami, FL August 3, 2009 –Banking information available on checks and monthly bank statements can provide criminals with all the personal information needed to commit identity theft. While efforts to deter identity theft have mostly focused on securing electronic channels, research shows that our home mailboxes, not our hard drives, leave us most vulnerable… To protect against identity theft, the Better Business Bureau recommends that consumers forego paper bills and statements and instead opt to receive statements electronically and pay bills online… Executive National Bank archives e-Statements for over five years eliminating the need for paper records, and offers free online Bill Pay on personal accounts. To promote e-Statements, Executive National Bank has installed kiosks at its main office in Kendall and South Miami branch where customers can register for online banking. Read More
Executive National Bank Renovates its Headquarters
Miami, FL June 1, 2009 – In December, Executive National Bank began an extensive renovation of its headquarters in Kendall, Florida. The construction project involves updating the bank’s drive-through, offices, and exterior façade. An expansion and update of the bank’s lobby, which will feature paintings by local-artist David Schor, is nearly complete… “Our goal is to provide customers with ‘Executive Treatment,” said Executive Vice President Sandy Dube Bell. “The new facilities will provide a comfortable environment in which we can continue to offer first-class service…” Read More
Community Bank Gets Local Businesses to “Say Cheesecake”
Miami, FL April 10, 2009 – Executive National Bank hopes to remind consumers how sweet it is to bank with a local community bank through its cheesecake campaign. The campaign, which launched in January, has sent the bank’s officers throughout the area delivering complimentary cheesecakes to local professionals. “We design products and services that, with our team of experienced bankers, make banking a piece of cake” said Sandy Dube Bell, Executive Vice President of Branch Administration… Read More
Local Bank Offers Expanded FDIC Guarantees on Qualifying Accounts
Miami, FL December 4, 2008 – Executive National Bank  announced that it will participate in the Transaction Account Guarantee Program administered by the Federal Deposit Insurance Corporation (FDIC). Participation in this voluntary program will grant depositors unlimited FDIC coverage on funds maintained in all Executive National Bank checking accounts and IOTAs (Interest on Attorney’s Trust Accounts)… Read More
Community Bank to Race for Breast Cancer Cure
Miami, FL October 3, 2008 – Every October, thousands of South Floridians gather to participate in the Komen Race for the Cure. Proceeds from the race benefit awareness programs and efforts to find a cure for breast cancer… Executive National Bank is sponsoring a team of ten employees to take part in the 2008 Komen Race for the Cure… The bank encourages employees and customers to contribute, and has pledged to match donations up to $1,500 collected at Executive National Bank branches in Miami-Dade…
Local Bank does its Part to Help 2008 Hurricane Victims
Miami, FL September 26, 2008 – In the wake of four major storms that have struck the island in the last few weeks, the people of Haiti have been left to cope with millions of dollars in damages and a shortage of vital supplies. Executive National Bank has partnered with Notre-Dame D’Haiti Catholic Church to collect supplies for Hurricane Ike victims in Haiti… Read More
Executive National Bank Announces New Chief Financial Officer
Miami, FL August 27, 2008 – CEO, Carlos A. Safie is proud to announce the newest addition to the Executive National Bank management team, David Johnson. Johnson will assume the role of Chief Financial Officer and Cashier of this locally-headquartered banking institution. “The addition of David Johnson to our management team marks a positive step towards our strategic initiative to offer the latest advancements in banking technology without sacrificing our reputation of superior customer service…” Read More
Local Bank Offers up to $50,000,000 in FDIC Insurance Coverage
Miami, FL August 22, 2008 – The downturn in the housing market and the ensuing undesirable mortgages held by many banks throughout the U.S. has resulted in devastating bank closures and left their customers questioning the safety of their deposits… Executive National Bank’s reputation of financially-responsible growth has quieted these fears and the introduction of its newly-launched CDARS® program satisfies scrutiny of its most skeptical critics… Through the Certificate of Deposit Account Registry Service, also known as CDARS®, Executive National Bank can complement its reputation with a nationally recognized product that provides consumers access up to $50 million in FDIC insurance…  Read More