Touchmark Bancshares Inc. (TMAK)

Overview

Touchmark Bancshares, Inc. serves as a parent company for Touchmark National Bank, focusing on delivering a range of banking solutions to both individual and business clients primarily within Georgia. Established in 2007, the bank has its headquarters in Alpharetta, Georgia, and stretches its services across Gwinnett, north Fulton, and DeKalb counties, alongside adjacent regions. Touchmark National Bank prides itself on a personalized approach to banking, aiming to fulfill the diverse needs of its customers through an extensive suite of financial products and services.

Products and Services

The financial offerings of Touchmark Bancshares, Inc., through Touchmark National Bank, are designed to cater to the varied requirements of its clientele, ranging from everyday banking needs to more complex business services. Below is a detailed overview of its core products and services:

• Checking Accounts: Designed for daily financial transactions offering ease of access and management of funds.
• Money Market Accounts: These accounts offer higher interest rates compared to savings accounts, providing a favorable option for customers looking to earn more on their deposits.
• Savings Accounts: A basic banking service facilitating customers to save money while earning interest on the deposits.
• Individual Retirement Accounts (IRAs): A retirement savings option that offers tax advantages for those planning for retirement.
• Certificates of Deposit (CDs): Fixed-term deposit accounts that offer guaranteed return rates over a specified period.
• Commercial Loans: Including lines of credit, term loans, construction, and real estate loans, tailored to support the growth and operational needs of businesses.
• Small Business Administration (SBA) Loans: Offering government-guaranteed lending to small businesses, providing them with the necessary capital to start or expand their operations.
• Credit Cards: Providing a flexible method of financing, with options suitable for both individuals and businesses.
• Safe Deposit Boxes: Secure storage options for valuable personal and business documents and items.
• Remote Deposit Capture: A convenient service allowing businesses to deposit checks electronically without having to visit a bank branch.
• CDARS: The Certificate of Deposit Account Registry Service provides full FDIC insurance on deposit amounts larger than the standard insurance limit.
• Merchant Services: Offering businesses solutions for processing customer payments, including credit and debit card transactions.
• Online and Professional Banking Services: Digital banking solutions that offer convenient access to banking services, enabling customers to manage their finances efficiently.