ABG Funding programs equal more profit.
- Why deal with companies that only offer one funding platform? ABG can offer you multiple funding choices to diversify your client base as well as lower your overall interest cost when acquiring the funding you need.
- Why pay to display your rates alongside the competition causing you to pay up on your rates when you need funds? ABG will market your rates and terms by proactively contacting depositors that are currently in the market. We increase your prospects by utilizing our software to filter out the clients that currently have deposits with your institution.
- This is a customized program. With the use of our multiple funding programs, institutions can dictate the type of funding they want as well as the increments that they feel comfortable receiving.
- Unlike other funding services, ABG can deliver deposits to your institutions in a variety of increments depending on your preference. We offer individual deposits up to the maximum allotted by the FDIC or we can provide block funding that exceeds these limits both with and without collateral.
Only well capitalized banking institutions should utilize a referral service to help meet liquidity shortfalls. Special funding such as referred deposits should fit into your institution's overall AML strategy. There should not be any particular stigma associated with the acceptance of referred deposits. In written correspondence with the FDIC they have indicated that the acceptance and use of these types of deposits should not be discouraged.