Avon Co-Operative Bank

Location

Avon Co-operative Bank is located in the center of Avon, Massachusetts at 1 East Main Street. Situated just minutes from Route 24, Avon Co-operative can be easily accessed from Braintree, Holbrook, Randolph and other surrounding towns simply by using convenient thoroughfares such as Routes 37 & 28. Come visit us - we think you'll like what you see.
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Banking Hours

	Lobby	Drive-Up
Mon, Tues, Wed	8:30am to 3:00pm	8:30am to 4:00pm
Thursday	8:30am to 6:00pm	8:30am to 6:00pm
Friday	8:30am to 4:00pm	8:30am to 5:00pm
Saturday	8:30am to 12 Noon	8:30am to 12 Noon

Fund Insurance

FDIC has made the increase of coverage from $100,000 to $250,000 permanent for each depositor. Additionally, the temporary unlimited coverage for certain "non-interest bearing transaction accounts" has been extended through December 31, 2012. This temporary unlimited coverage is in addition to, and seperate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules. However, the definition of "non-interest bearing transaction accounts" has been revised and now includes only transaction checking and demand deposit accounts on which the depository institution pays no interest. It will no longer include accounts that may earn interest such as NOW accounts, Money Market accounts and IOLTA accounts. These accounts will continue to be covered under FDIC's general deposit rules which include the $250,000 per depositor limit. For more information about FDIC insurance coverage please visit www.fdic.gov.
All additional deposited funds beyond FDIC's limits are fully insured by the Share Insurance Fund (SIF). For further information on SIF please visit www.coopcentralbank.com.

NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS

By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor's accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.

For more information about FDIC insurance coverage of noninterest-bearing transaction accounts, visit www.fdic.gov/deposit/deposits/unlimited/expiration.html

Avon Co-operative Bank Board of Directors

Thomas J. Torchia, Chairman
Phillip S. Nelson, Vice Chairman
Roger C. Tougas
Eugene C. Anderson
Robert E. Curran, Jr.
Shaun Fitzgerald
James Holmgren
Jonathan Pierce

Bank Officers

Jonathan W. Pierce, President/CEO
Christine M. O'Brien, Vice President, Treasurer
Kevin R. Hayes, Vice President, Lending NMLS# 627415
Kelly M. Howard, Assistant Vice President NMLS# 422877
Debra Rose, Assistant Treasurer
Joyce M. Holbrook, Funding Officer NMLS# 627345

Our Commitment to Security - USA Patriot Act

At Avon Co-operative Bank, we comply with the guidelines established by the Federal government to fight the funding of terrorism and money laundering. When opening an account, we must ask your name, address, date of birth, and other information that will help us identify you. We may also ask for your driver's license or other identifying documents that will allow us to validate your identity. Upon your agreement, we may obtain any consumer report considered necessary including, but not limited to, E-Check Processor Services Funds/ChexSystems, Inc.

Your Privacy

As your financial institution, we value your privacy. To better understand our Bank's privacy policy, please click here.