Welcome to Modern Bank

Modern Bank stands at the intersection of business and private banking, providing entrepreneurs in New York's leading industries with customized commercial and personal financing solutions. Our industry-focused teams, backed by comprehensive financial and intellectual capital, work directly with our clients to build their businesses.

Commercial banking, personalized.

Focused solutions

Member FDIC - Banking deposits are FDIC insured up to maximum amount allowable by law.
NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS
All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010 through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.
The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.
For more information about FDIC insurance coverage of transaction accounts, visit www.fdic.gov.