Enjoy $50 Million in FDIC Insurance Through the CDARS(R) Service, Bank of Commerce...

Enjoy $50 Million in FDIC Insurance Through the CDARS(R) Service, Bank of
Commerce Can Access Multi-Million Dollar FDIC Coverage on CD Investments

REDDING, Calif., July 28 /PRNewswire-FirstCall/ -- Patrick J. Moty,
President & CEO of Bank of Commerce Holdings (Nasdaq: BOCH), a $647 million
financial services holding company, and parent company of Redding Bank of
Commerce(TM), Roseville Bank of Commerce(TM), Sutter Bank of Commerce(TM) and
Bank of Commerce Mortgage(TM) today announced membership in CDARS(R)
(Certificate of Deposit Account Registry Service.)
It's the easiest most convenient way to enjoy full FDIC coverage on
deposit accounts larger than $100,000.
How does CDARS(R) work?
Banks that offer CDARS are members of a special network. When you place a
large deposit with Bank of Commerce (a network member), Bank of Commerce uses
the CDARS service to place your funds into CDs issued by other members of the
network. This occurs in increments of less than $100,000 to ensure that both
principal and interest are eligible for full FDIC protection. Other network
members do the same thing with their customers' funds. With help from a
sophisticated matching system, banks exchange funds with other members of the
network. These exchanges, which occur on a dollar-to-dollar basis, bring the
full amount of your original deposit back to the bank.
As a result, Bank of Commerce can make the full amount of the deposit
available for community lending purposes (the money stays local!).
What else should I know?
With access to full insurance, you can say 'goodbye' to opening accounts
at different banks in different insurable capacities. There is no need to
manually consolidate account statements or interest disbursements. So, you
can skip the extra paperwork while enjoying the piece of mind associated with
access to full insurance. And, everyone can rest assured knowing that
confidential information is protected.
Funds may be submitted for placement only after a deposit enters into an
agreement with a network member bank. With your consent, the Bank may choose
to receive fee income instead of deposits from other banks.
The capital ratios of Redding Bank of Commerce continue to be above the
well-capitalized guidelines established by bank regulatory agencies.
Bank of Commerce Holdings, with administrative offices in Redding,
California is a financial service holding company that owns Redding Bank of
Commerce(TM), Roseville Bank of Commerce(TM), Sutter Bank of Commerce(TM) and
Bank of Commerce Mortgage(TM). The Company is a federally insured California
banking corporation and opened on October 22, 1982.
BOCH is a NASDAQ National Market listed stock. Please contact your local
investment advisor for purchases and sales. Investment firms making a market
in BOCH stock are:
Howe Barnes Hoefer & Arnett Investment Inc./John T. Cavender
555 Market Street
San Francisco, CA (800) 346-5544

Raymond James Financial/Geoff Ball
1805 Hilltop Drive, Suite 106
Redding, CA (800) 926-5040

Morgan Stanley/Rick Hill
310 Hemsted Drive, Suite 100
Redding, CA (800) 733-6126

Wachovia Securities/Ken Myers, Rick Hansen
10466 Brunswick Road
Grass Valley, CA (888) 383-3112

SOURCE Bank of Commerce Holdings

Linda J. Miles, CFO of Bank of Commerce Holdings, +1-530-722-3955