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IntraFi Funding

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Provider: IntraFi Network

IntraFi Funding

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.

Banker Review

"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

Benefits

  • IntraFi Network has the scale to be a strategic partner for even the largest banks, providing solutions that banks of all sizes can use to manage their funding and capital management needs.
  • IntraFi’s tailored funding solutions enable banks of all sizes to purchase cost-effective wholesale or retail funding — deposits, not borrowings — without the hassle of credit lines, collateralization, or stock purchases.
  • Your bank can utilize one or more offerings and switch between them as needed, to enjoy advantages over traditional bank funding alternatives.

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.

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