Promontory Interfinancial Network is now IntraFi Network. Funding solutions your bank may know as CDARS, ICS, Insured Overnight Funding, and IND are now named IntraFi Funding. This one-stop source for funding is stocked with the same great products; only the names have changed.
IntraFi Network’s tailored funding solutions enable banks of all sizes to purchase cost-effective wholesale funding—deposits, not borrowings—without the hassle of credit lines, collateralization, or stock purchases. With IntraFi Funding, solutions exist whether your bank desires core or brokered deposits, fixed- or floating-rate pricing, overnight or term options, or millions or billions of dollars.
"For many years, bankers have known IntraFi for their ability to provide increased deposit insurance coverage. But it's important to emphasize what a great source they are for wholesale funding. And that's so important for the banking industry today to fuel our growth…Throughout my career (I've been [in] banking 30 years now), I've seen the cycles that we've gone through, where bankers find themselves with excess funding and then we need more funding. And so, to have a tool like IntraFi, where you can go through those ebbs and flows seamlessly, is just brilliant."
ꟷ Peter Gwaltney, President & CEO, North Carolina Bankers Association
"It's really important for us to have a stable, reliable, accessible, and nimble source of funding at a reasonable price, and that's something that [IntraFi] provides for us."
ꟷ Charles Levingston, Executive Vice President, CFO, Eagle Bank
Use of IntraFi Funding is subject to the terms, conditions, and disclosures set forth in the applicable program agreements, including the IntraFi Participating Institution Agreement. Network Deposits and IntraFi Funding are service marks, and IntraFi, the IntraFi logo, CDARS, ICS, Insured Overnight Funding, and IND are registered service marks, of IntraFi Network LLC.
Promontory Interfinancial Network is now IntraFi Network. Having built the largest bank network of its kind, IntraFi Network is a trusted ally to banks that never competes for their customers and that helps financial institutions to attract and maintain valuable customer relationships, grow reciprocal deposits, manage liquidity, generate fee income, diversify funding, and reduce collateralization. Banks use IntraFi Network solutions to offer customers access to millions in FDIC insurance on funds placed into demand deposit accounts, money market deposit accounts, and CDs. IntraFi Network's services include IntraFi Network Deposits (formerly ICS, CDARS, and IND deposit solutions) and IntraFi Funding (formerly ICS, CDARS, Insured Overnight Funding, and IND funding solutions).
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