Over the past 20 years, ABG has dedicated itself to providing funding solutions to federally insured domestic depositories nationwide. Our extensive experience in this field gives us the opportunity to communicate and design both Investment and Deposit programs that meet our clients’ needs and accomplish their goals. Our clients originate from both state and federally regulated financial institutions and public entities. To date, we have worked with over 3600 FDIC and NCUA financial institutions. We have placed over $185 billion dollars utilizing our platforms and we’ve simplified the process of choosing which platforms best suit your needs right here on our website.
ABG is owned and managed by its two partners who set and oversee the firm’s business strategies and objectives. Dominick Gallelli is the firm’s President and Director of Banking Deposits. Vincent Arma is Vice President and Head of Investor Relations. Both partners have a combined experience of over 50 years in the CD industry.
ABG Services was founded in 1997 on the basis of communicating deposit offers by FDIC member financial institutions to portfolio managers of state & federal credit unions, non-profit organizations, banking institutions, trust companies and to business managers of local government entities such as school districts, counties and other state and local municipalities. Today, ABG is one of the leading deposit referral companies in the industry executing over 12,000 transactions annually.
ABG has one affiliated company, ICD Securities Incorporated, which is a registered broker-dealer and member of the FINRA (Financial Industry Regulatory Assocation). ICD specializes in brokered certificates of deposits registered through the Depository Trust Company. It also provides investment services to financial managers of banking institutions, credit unions and municipal entities. All DTC eligible certificates of deposits and Government and Agency securities transactions are executed through ICD Securities, Inc.