A Simple Solution for Large Deposit Relationships
A large customer deposit solution aimed at giving your customer accounts FDIC insurance on the whole deposit versus the maximum $250,000 amount. Your institution gets to retain a satisfied customer and potentially lower your cost of funds.
This simple solution allows you use the program in two ways. You can sell excess funds and earn fee income (one-way set-up), or you can use the buy-back feature to receive and distribute deposits (a two-way set-up).
PCBB has partnered with StoneCastle Partners, LLC to bring you this solution.