FinistarCore - Wholesale Deposits

In today's highly competitive environment Banks and Thrifts compete daily for traditional deposits to expand their loan activities while enhancing net interest margins. With Finistar's alternative FinistarCore funding solution, FDIC-insured institutions have immediate access to a steady source of wholesale funds without typical collateral requirements or credit limits. Finistar provides these institutions a leading edge treasury service designed to grow as these banks grow.

Finistar Banking Network (FBN)

Community banks can join the FBN to access Finistar as a source of funds. Membership in the network is designed to encourage member banks to make Finistar core to their business. Finistar does not impose any FHLB type restrictions. Community banks simply request funds from Finistar based on their needs on a monthly basis. Register for information on Bank Rates.

Features and Benefits

Source of FundsA steady and stable source of funds with which to augment other deposits
Fixed RateA competitive no bid fixed monthly rate of interest
ProfitabilityEnhanced profitability recognized through increased Net Interest Margins
No FeesFunds available at net transaction - there are no broker or other fees
Ease of UseA streamlined process for deposit gathering and excess cash management
FlexibilityAbility to expand lending activities
ALCO friendlyFavorable Interest Rate Risk modeling for Asset Liability Committee (ALCO)
ReportingTransaction efficiency through a master account

Let's Talk

At Finistar, we're revolutionizing banking - to everyone's advantage. Register Now or call 877.346.4782 to speak with a Finistar representative.