As banking sector turmoil triggered alarms of a looming payroll crisis across traditional and social media in March 2023, companies like Denver-based BlueModus scrambled to safeguard their cash.
By working with IntraFi®, City First Bank is able to attract more mission-critical funding for community development projects.
IntraFi’s all-weather services enable the bank to adapt to different market environments.
Menard Bank used IntraFi's solutions to move the depositor's funds off-balance sheet by selling them to other banks in IntraFi's network of financial institutions. As a result, Menard was able to lower its total assets from around $93 million to $63 million.
Texas Security Bank was quickly drawn to IntraFi’s funding solutions for a number of reasons. The bank was now able to obtain large amounts of funding at favorable rates while working with a company that ran business so seamlessly.
Your organization probably doesn't think of investing in CDs as a way to improve the lives of others. Yet, when it deposits funds with a bank that carries a Community Development Financial Institutions designation and uses CDARS , that's exactly what your organization can do.