Promontory Interfinancial Network

Promontory provides smart solutions that help banks to compete. Promontory leads the industry in FDIC-insured deposit placement services – unique services that derive their value from the power of many in a Network comprised of thousands of members across the nation.

Use Promontory Interfinancial Network’s Bank Assetpoint®; Residential Mortgage Network; Insured Cash Sweep®,or ICS®; CDARS®; IND®; and Yankee Sweep® services to:

  • Build strong, profitable, million-dollar relationships
  • Manage their balance sheets
  • Purchase cost-effective funding
  • Ultimately, improve their bottom lines

Bank Assetpoint®, now in beta launch, is a website that helps financial institutions make efficient connections and facilitates the sharing of information regarding the purchase and sale of bank assets.

Promontory Interfinancial Network’s CDARS® service is a versatile tool that can help financial institutions to enhance profitability by:

  • Attracting large-dollar relationships
  • Replacing higher-cost funding
  • Reducing collateralization costs
  • Controlling the cost of funds
  • Managing the balance sheet
  • Purchasing cost-effective wholesale funding

To learn more, please visit Promontory's CDARS site.

Learn more at www.promnetwork.com, or contact Steve Davis at 515.240.5451 or sdavis@promnetwork.com.

Limits and other terms and conditions apply. CDARS and IND are registered service marks, and ICS, Bank Assetpoint, and Yankee Sweep are service marks, of Promontory Interfinancial Network, LLC.


Introducing Promontory's Bank Assetpoint

Bank Assetpoint is designed to offer registered users access to large numbers of eligible buyers and sellers, extensive real estate and loan listings, and a database of specialty service providers, all through a state-of-the-art online platform. With Bank Assetpoint, your bank can:

  • POST and monitor, either directly or through your real estate broker or loan sale advisor, a wide range of bank assets for sale
  • SEARCH for whole loans, loan pools, loan participations, and bank-owned commercial real estate
  • CONNECT with brokers, loan sale advisors, and specialty service providers whose services can facilitate a sale

Also:

  • Enjoy the peace-of-mind that comes from working with a trusted service provider, Promontory Interfinancial Network, a company founded to help banks compete.
  • Benefit from the ability to leverage the considerable resources dedicated to promoting Bank Assetpoint, including a seasoned sales force and targeted web and print advertising.