First Community Bank Introduces Innovative Insurance Coverage

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Joins Growing List of Banks Partnering with SDBIC to Insure Customers Safe Deposit Boxes

First Community Bank, headquartered in Batesville, Arkansas, announced today that it will begin offering customers the opportunity to insure property placed in the bank’s safe deposit boxes. Until now, this type of insurance was not available to protect box contents against catastrophes. This optional coverage does not require disclosing the contents of the box.

The insurance covers virtually all manmade and natural disasters and protects all property stored in the box, including previously uninsurable items such as gold and gemstones. This unique insurance also provides $3,000 of benefits to help replace important papers, such as titles, deeds, wills and trusts, and even cherished photos.

"If our customers are insuring family heirlooms, valuables or collectibles stored in their homes, they can now place those items in our safe deposit boxes and have protection for a fraction of the cost," said Tammy Poole, retail banking specialist at First Community Bank. "This innovative insurance feature now allows our customers to have a safe haven, where their most valued possessions have protection and are insured."

The insurance is offered through Safe Deposit Box Insurance Coverage LLC. This patented product provides the most comprehensive, convenient insurance solution for box holders at an affordable rate with no deductible. Safe Deposit Box Insurance Coverage LLC is the leader in protecting and insuring valuable property stored in a safe deposit box.

First Community Bank operates 17 full-service branches in Arkansas and southern Missouri and a mortgage origination office in Craighead County, Ark. A second full-service branch in Craighead County is scheduled to open in 2015.

For more information about leasing an insured safe deposit box, please visit any First Community Bank location or call the bank toll free at 888-780-8391 and request to speak with a New Accounts Representative.

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Jerry Pluard
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