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Graphic: Commercial Bank April 23, 2014
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Bank of America Pending Sale Questions and Answers



Will all of my Bank of America accounts transfer to Commercial Bank?


The only accounts that are transferring to Commercial Bank are the deposit accounts such as checking, savings, IRAs and CDs belonging to customers and small businesses that are conveniently serviced at Independence, Coffeyville, Caney, and any safe deposit boxes customers have leased from those locations.


What will happen to my other accounts I may have at Bank of America?


There are no changes to other types of accounts customers may have with Bank of America, such as a residential mortgage, consumer and business loans, credit cards, or any investment accounts managed by them or their affiliates. Those accounts will stay with Bank of America.


When will I know if my accounts are included in the sale?


You will receive information from both Bank of America and Commercial Bank beginning in several weeks and throughout the length of the transition. Please watch your mail for this important information.


When will the sale take place?


We anticipate that it will take several months to complete the transition and receive the required regulatory approval for the purchase. We expect the sale to be final this summer with a target closing date and transfer in June.


Who can I contact with questions about the sale and my accounts?


Questions for Bank of America: If you have questions about your Bank of America accounts, you can speak with one of the associates at their banking centers in Independence, Coffeyville, Caney, or call 1-866-251-0233 and talk with one of their customer care agents.

Questions for Commercial Bank: If you have a question about how we will handle the transferring of your accounts to our bank, please contact a member of our customer service team, in Independence at 620-331-5110 or in Parsons, at 620-421-1000.


Are customers supposed to do anything now?


There is no action to be taken by customers at this time. Nothing has changed with your account. You should continue banking with Bank of America as you do today.

 
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Commercial Insurance
Check out our new Commercial Insurance website. Locally owned and operated, Commercial Insurance has delivered quality insurance solutions to individuals in Kansas, specializing in Auto and Homeowners insurance coverage. Our team of experienced insurance professionals is committed to helping you find a policy that fits your needs. We focus on providing personalized attention and quality customer service to create an experience that’s difficult to find in today’s market. At Commercial Insurance, we’ll work with you to ensure that you and those you care about most are protected. Get your quote at www.commercialinsuranceks.com

 
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Commercial Bank's New Visa Credit Card
Our VISA(R) Platinum Preferred and VISA Classic credit cards are designed to help you manage your account sensibly. Each Card is simple, reliable, safe and easy to use with no complicated fees or rules. Use your card when making a purchase wherever Visa is accepted. Apply Now!!


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LET COMMERCIAL BANK HELP YOU!!

We have money to loan and are here to serve your financial needs. Call us today!

 
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Serving Southeast Kansas Since 1874
Whether you are a current customer or just looking for a new bank, we would like you to take a minute to see all that we offer. With 8 ATMs, 9 locations and Internet Banking, we have the convenience you are looking for.

 
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Commercial Bank Quality Help Line (voice banking)
Check your balances, review transactions, make transfers by calling:
In Parsons (620) 423-0750
Outside of Parsons (888) 323-0750

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