About InsurBanc

InsurBanc has established itself as the bank of choice for independent insurance agents, demonstrating a deep understanding of the agency business and delivering the banking services required to help agencies expand and prosper. The company recognizes the value of your agency’s business and offers creative lending solutions for perpetuations, acquisitions, producer development and owner-occupied real estate investments.

To help agents facilitate cash management, InsurBanc offers a range of products that maximize value with total flexibility. These include custom-term CD's, CD ladders, business checking, overnight investments and state-of-the-art online banking and remote deposit.

Please don’t ever share your personal financial information over a social network. We will never ask you for your account number, PIN, address or other sensitive data via social media.

Member FDIC, Equal Housing Lender

InsurBanc Privacy Policy
https://www.insurbanc.com/media/1137/2019-privacy-policy.pdf

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Website
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Employees
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Industry
Financial Services
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Location
10 Executive Drive, Farmington, CT 06032, US
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Founded
2001
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Keywords
Online Banking, Cash Management, Remote Deposit, Acquisition & Perpetuation Financing

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Frequently Asked Questions about InsurBanc

Who are the decision makers in InsurBanc?

The decision makers in InsurBanc are Keith Mangini, Keith Mangini, Keith Mangini, etc. Click to Find InsurBanc decision makers emails.

What banking services does InsurBanc offer to independent insurance agents?

InsurBanc specializes in providing tailored banking services specifically designed for independent insurance agents. Our offerings include online banking, cash management solutions, remote deposit services, and financing options for agency acquisition and perpetuation. We understand the unique needs of insurance agencies and work to provide flexible and efficient banking solutions that help agents manage their finances effectively.

How does InsurBanc's cash management service benefit my insurance agency?

InsurBanc's cash management services are designed to optimize your agency's cash flow and streamline financial operations. We offer tools for managing receivables and payables, as well as reporting features that provide insights into your agency's financial health. This allows you to make informed decisions, improve liquidity, and ultimately enhance your agency's profitability.

Can InsurBanc assist with financing for agency acquisitions?

Yes, InsurBanc provides specialized financing solutions for independent insurance agents looking to acquire other agencies. Our acquisition and perpetuation financing options are tailored to meet the unique challenges of the insurance industry, ensuring that you have the necessary capital to grow your business. Our experienced team will work with you to understand your specific needs and develop a financing plan that aligns with your goals.

What is remote deposit, and how does it work with InsurBanc?

Remote deposit is a convenient service offered by InsurBanc that allows insurance agents to deposit checks electronically from their office using a scanner or mobile device. This service saves time and reduces the need for physical trips to the bank, enabling you to manage your deposits efficiently. With our remote deposit service, you can quickly process payments and improve cash flow, all while maintaining secure transactions.

How does InsurBanc support the unique needs of the insurance industry?

InsurBanc is dedicated to serving the independent insurance agent community by offering banking solutions that are specifically tailored to the industry. Our team has extensive experience and knowledge of the insurance business, allowing us to understand the financial challenges agents face. We provide personalized service and innovative banking products that help agents manage their finances, grow their businesses, and achieve their long-term goals.

Is online banking available for InsurBanc clients, and what features does it include?

Yes, InsurBanc offers a robust online banking platform designed for the needs of independent insurance agents. Our online banking services include account management, transaction monitoring, fund transfers, and access to financial reports. Clients can easily manage their accounts from anywhere, ensuring they have the tools they need to stay on top of their financial activities and make informed decisions.

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