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| As a Preferred Service Provider of the ICBA, PMA Funding™ is
designed exclusively to help banks efficiently manage liquidity needs
and develop a diversified funding strategy through reliable and stable
funding sources. These include public funds via one of the largest pools
of municipal deposits in the country, DTC eligible CDs and access to a
national non-brokered CD marketplace via QwickRate®. |
| Public funds deposits are derived from a variety of political subdivisions such as school
districts and municipalities. These types of deposits can be a stable and flexible tool for
helping banks overcome the challenges of today's economic environment. |
- Flexible terms ranging from 30 days to two years with same-day settlement
- Small- and large-block deposit options
- No additional fee
- Deposits opened and titled in the name and tax ID number of the school district or municipality
- FDIC insured and collateralized
- Streamlined issuing through standard letters of credit and other instruments
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| Depository Trust Company (DTC) eligible CDs are a flexible and efficient way for
your bank to gather large deposits tailored to your specific needs. Issued in blocks of
$1 million to $250 million, each deposit is represented by a single certificate issued
and held in the name of the Depository Trust Company. We believe DTC eligible CDs
are a complement to traditional funding sources and are an effective way to access
the national marketplace. |
- Efficient access to a national, institutional network
- Transparent marketplace
- A single certificate per maturity
- Ability to access large block deposits
- Flexible structure
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| Banks easily comply with regulatory concentration limits through our relationship
with QwickRate®, the premier marketplace for non-brokered CD funding and
investing. |
- 25-year tradition of service to community banks
- Access to 3,000 pre-screened member institutions from 50 states
- No transaction fees
- QwickTools™ to automate transactions and eliminate faxes and phone calls
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| Over the past two decades, PMA Financial Network Inc., which
supports PMA Funding™, has established long-lasting working
relationships with more than 1,800 community banks, including over
700 ICBA member institutions. Additionally, PMA has placed billions in
public fund deposits with ICBA community banks since inception. |
| Sound funding and lending practices are why your bank is a cornerstone
of its community. To learn more about the stable options PMA
Funding™ can provide, contact Jim Lutter, Senior Vice President of
Trading and Operations at PMA Financial Network, Inc. directly at
630.657.6460 or jlutter@pmanetwork.com.
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