THOUSAND OAKS, Calif., Sept. 17 /PRNewswire/ -- Countrywide Bank, a division of Treasury Bank, N.A., today announced its continued national expansion with the opening of its first financial centers in the state of Colorado. The new centers, located in Lakewood and Littleton are the latest representation of the Bank's proven economic model, which leverages existing home loan infrastructure to establish financial centers that offer sought after high-rate deposit products. "We have created a cost-effective delivery channel to offer consumers what they value most -- consistently high rates on savings and deposit products and personalized customer service," said James S. Furash, Countrywide Bank president. "Now Denver area residents don't have to hunt around for the best rates, they can take comfort in knowing that Countrywide Bank will consistently offer the top rates in the country." Ranked among the top one percent of all banks in the nation*, Countrywide Bank's distinctive business model, which leverages parent company Countrywide Financial Corporation's existing infrastructure, has proven successful. The unique low-overhead strategy of providing expertly staffed financial centers instead of large, costly, traditional bank branches helps pass the savings on to consumers in the form of higher rate CDs and other savings products. Providing area residents with easy access to high deposit rates as well as personalized financial expertise from the Bank's professional staff, the centers are located at: - Lakewood -- 7740 West Alameda Avenue - Littleton -- 2030 East County Line Road, Unit C Countrywide Bank is a member of the Countrywide Financial Corporation family of companies, which includes Countrywide Home Loans. The company's mortgage lending division has been helping area residents achieve the dream of homeownership for decades. This long-term experience and trusted history makes Countrywide Bank exceptionally primed to serve the specific needs of local consumers. Countrywide, through its family of companies, offers consumers diverse products, including high-rate CDs, money market and retirement accounts, as well as home loans and quality investment and insurance products.** Countrywide Bank's innovative financial centers offer access to free professional counseling from banking experts. In addition, customers can check today's rates, access account information and open new accounts via telephone at 1-877-CWBANK-5 or by visiting the Countrywide Bank Web site, www.countrywidebank.com. For information about employment opportunities with Countrywide, visit www.countrywidecareers.com. About Countrywide Bank Countrywide Bank, a division of Treasury Bank, N.A., is a member of the Countrywide Financial Corporation (NYSE: CFC) family of companies. Countrywide Bank has received the most recent Top Tier Award from Bankrate.com(R) for offering deposit products having relatively high annual percentage yields (APYs) compared to other institutions during the same quarter. Countrywide Bank offers highly competitive rates on certificates of deposit, money market and individual retirement accounts. Customers can review banking products and services, check rates on deposits, and apply for new accounts by phone, online, or at one of the financial centers. For more information about Countrywide Bank, call 1-877-CWBANK-5 or visit www.countrywidebank.com. Member FDIC. Equal Housing Lender. * Based on current assets and other banking data reported to the Federal Deposit Insurance Corporation (FDIC) quarterly. ** Investment and insurance products are not deposits, not FDIC insured, not guaranteed by any bank, not insured by any Federal Government agency and may lose value.
SOURCE Countrywide Bank