What We Do
A trusted fintech provider chosen by 3,000 financial institutions nationwide, Promontory Interfinancial Network offers innovative balance sheet management solutions to banks. It is the #1 provider of deposit allocation services to U.S. banks.
The company's patented, technology-based services help banks of all sizes to attract profitable, large-dollar relationships with safety-conscious customers; to purchase cost-effective funding; to sell excess deposits to banks that need funding; and to manage asset concentrations or supplement loan growth by buying or selling performing loans on the secondary market.
Read What Others Say about their experiences with Promontory Interfinancial Network.
How We Do What We Do
The company's services work because they are innovative, respond to real needs shared by banks (thanks to strong relationships developed over a 15-year history) and have been designed with meticulous attention to detail by industry insiders.
The services also work because they leverage The Power of ManySM working together: a network that enables participants to offer services that otherwise would be too difficult or too costly to develop-a network that has grown to be the largest bank network of its kind, with thousands of participants representing nearly half of all U.S. banks.
Why We Do What We Do
Promontory Interfinancial Network provides tools that enable financial institutions to offer access to multi-million-dollar FDIC insurance, manage liquidity, grow loans, and manage asset concentrations. In doing so, the company helps banks to manage their balance sheets in ways that promote industry stability at local, state, and national levels and that help fund greater economic growth in communities throughout the U.S., including in the most undeserved locales.