Global business insurer joins ICBA in celebrating local banks
CHICAGO--(BUSINESS WIRE)-- During the month of April, CNA will join the Independent Community Bankers of America (ICBA) in celebration of National Community Banking Month and the vital role local banks play in the lives of their customers and communities. The month-long celebration will include: ICBAs I Love My Community Bank campaign; special events in local banks and communities; a free, one-hour CNA webinar on emerging risks; and a $5,000 donation from the CNA Foundation to the Arbor Day Foundations Joplin, MO Recovery Fund which, for every dollar donated, will deliver a tree to this tornado-affected community.
Like community banks, CNA remains committed to local neighborhoods where we live and work, said Mark Tomlinson, assistant vice president Community Banks Underwriting, CNA. CNAs donation to the recovery efforts in Joplin is just one way we are expressing appreciation to our community bank customers while recognizing the important roles they play within their respective communities.
CNA will culminate National Community Banking Month by sponsoring a free one-hour webinar, Emerging Risks for Community Banks (SCB), on Thursday, April 26 at 3 p.m. ET. The webinar will highlight some of the prominent challenges and risks faced by senior management and the board of directors at these institutions. To register for this webinar, please visit www.cna.com/communitybanks.
CNA delivers a tailored program of property, casualty and specialty insurance coverages which address the unique needs of community banks and enable banks to focus on the things that matter most. The global business insurers appetite and program features include:
- Commercial banks, savings banks, and savings and loan institutions with less than $3 billion in assets
- Limits up to $10 million available for qualified insureds
- Most products written on an admitted basis
Additionally, CNAs new Epack Extra® form for Community Banks delivers expanded and simplified coverages for Directors & Officers (D&O), Employment Practices Liability (EPL), Fiduciary Liability, Bankers Professional Liability, Network Security & Privacy Liability and Fidelity Bond. Individual coverages can be purchased standalone or in various combinations, with discounts applied for multiple coverages.
We are dedicated to meeting the insurance needs of community banks, especially during these challenging economic times, Tomlinson continued. CNA is proud to serve the community bank industry, and we encourage our producers and the general public to express their own appreciation for community banks during this special month.
For more information on CNA's insurance solutions for community banks, please contact Mark Tomlinson at 312-822-4831, or visit www.cna.com/communitybanks.
For details on ICBAs I Love My Community Bank campaign, visit www.ilovemycommunitybank.com. ICBA is the nations voice for community banks. Representing nearly 5,000 community banks of all sizes and charter types throughout the United States, ICBA is dedicated exclusively to representing the interests of the community banking industry and the communities and customers it serves. For more information, visit www.icba.org.
The CNA Foundation is the nonprofit, private charitable giving entity of CNA. Through its matching gifts program and community involvement grants, the CNA Foundation provides vital funding to thousands of charities where CNA does business and where CNA employees live and work.
Serving businesses and professionals since 1897, CNA is the countrys seventh largest commercial insurance writer and the 13th largest property and casualty company. CNAs insurance products include standard commercial lines, specialty lines, surety, marine and other property and casualty coverages. CNA's services include risk management, information services, underwriting, risk control and claims administration. Please remember that only the relevant insurance policy can provide the actual terms, coverages, amounts, conditions and exclusions for an insured. All products may not be available in all states and may be subject to change without notice. CNA is registered trademark of CNA Financial Corporation. For more information, please visit CNA at www.cna.com.
Katrina W. Parker, 312-822-5167
Source: CNACopyright Business Wire 2012