Important Update

The Unlawful Internet Gambling Act of 2006 prohibits Grand Bank from processing restricted transactions through your business account.

Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006 prohibits any person engaged in the business of betting or wagering (as defined in the Act) from knowingly accepting payments in connection with the participation of another person in unlawful internet gambling. The Dept of Treasury and the Federal Reserve Board have issued a joint final rule, Regulation GG, to implememnt this Act.

As defined in Regulation GG, unlawful internet gambling means to "place, receive or otherwise knowingly transmit a bet or wager by any means which involves the use, at least in part, of the internet where such bet or wager is unlawful under any applicable Federal or State law in the State or Tribal lands in which the bet or wager is initiated, received or otherwise made".

As a customer of Grand Bank, these restricted transactions are prohibited from being processed through your account or banking relationship with us. If you do engage in an Internet gambling business and open a new account with us, we will ask that you provide evidence of your legal capacity to do so.

Please see your Grand Bank representative if you would like additional information on UIGEA or Regulation GG.

FDIC Deposit Insurance coverage has been increased to

$250,000 through December 2013.

Grand Bank is participating in the FDIC’s Transaction Account Guarantee Program.  Under that program, through June 30, 2010, All noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account.  Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance
rules.

GRAND BANK.
You know the name. We're part of the proud history of banking in the Dallas Metroplex community. We've built our name on a solid foundation of integrity, trust and quality customer service. Today, those foundations are deep in the community and have established GRAND BANK as a premier provider of banking products and financial solutions for individuals, families and businesses.