Whether you are new or existing client of Suncoast Capital Group, this section provides a brief overview of how the deposit transactions work. Click to view:
Financial Institutions Seeking Deposits
Institutional/Retail Investors
| For Financial Institutions Seeking Deposits |
Federally insured financial institutions seeking new deposits, ranging any where from 99k to as much as 1MM or more, are only a call away from being in receipt of those funds. Whether you need short-term or long-term funding, Suncoast Capital Group purchases CDs with an assortment of maturities as short as 6 months to up to 5 years or more. Getting the money you need is simple; once the amount and terms of the CD are determined, Suncoast will email or fax you a one-page CD set-up sheet containing all of the account information and often times funds can be wired in one lump sum the same day. Upon maturity of the CD we can arrange to roll over the deposit so that you may maintain the funds as part of your stable deposit base. All CDs are titled in the name of our safe keeping agent, Peninsula Bank, a state chartered bank in Florida who acts as custodian for all CDs purchased by Suncoast Capital Group.
Click here to contact Suncoast Capital Group.
| For Institutional and Retail Investors |
Whether you are an institutional investor with a large portfolio of CDs or a retail investor looking for a FDIC insured investment with an attractive interest rate, Suncoast can help. Through our established network we negotiate attractive CD rates directly with the issuing institution so you don't have to. Our inventory of CDs, ranging in term from 6 months to 5 years or more, is constantly refreshed with new issuers. Our hands-on approach allows you to build a diversified and fully insured portfolio of CDs that are all safe kept in one place, Peninsula Bank, who acts as custodian for all CDs purchased through Suncoast. There is never a wire in/out fee or brokerage fee associated with our CDs. You will also have the added convenience of receiving interest via check or ACH and will receive one simple monthly statement. Getting started is as simple as emailing us or picking up the phone, we will be happy to address any questions you may have.
Click here to contact Suncoast Capital Group and request a rate sheet.