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how safe is amtrust bank in florida?

Updated: 9/27/2023
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14y ago

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Their bank is FDIC insured up to 100,000 dollars.

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14y ago
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Q: How safe is amtrust bank in florida?
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Related questions

Where is AmTrust Bank located?

AmTrust Bank is based out of Cleveland, Ohio. It was founded in 1899 as Ohio Savings Bank, and is now a nationally recognized chain with branches in Florida as well.


When was AmTrust Bank created?

AmTrust Bank was created in 1889.


Is it safe to put money in Amtrust?

No, Amtrust is no longer around due to filing chaper 11 in 2009. Funds were transfered to another bank in New York City.


What state is Amtrust bank based out of?

Amtrust bank is based out of city of Cleveland, in the state of Ohio. It has been based there since the bank opened in 1889, when it opened as Ohio State Trust.


How much does an amtrust bank teller earn?

around 61000 a year


Why is AmTrust a good choice for banking?

AmTrust is not a good choice for banking, as it is no longer in business after being closed down by the FDIC in 2009. Some of AmTrust's accounts were transferred and now operate under the name of Ohio Savings Bank.


In what city and state was Amtrust originally founded?

Amtrust was founded in Cleveland, Ohio in 1889. It was originally know as the "Ohio Savings Bank" but changed it's name in 2007.


Where is Amtrust based out of?

Amtrust is based out of Cleveland, Ohio. Ohio is located in the north central part of the United States.


Why was the Riverside National Bank of Florida closed down?

The Riverside National Bank of Florida was shut down by the Office of the Controller of the Currency for not having enough deposits on hand to operate in a safe manner.


Is Amtrust a reliable company?

Amtrust is a reliable company because it is a member of the FDIC and has been in business for 150 years to serve the banking needs of the people.


What is the main service offered by amtrust?

AmTrust's main service is to provide funding to small businesses, mainly risk ventures. It also provides small business insurance.


What is Bank of Florida's motto?

Bank of Florida's motto is 'Your Hospitality Bank'.