Wintrust Community Advantage

WHAT CAN WINTRUST COMMUNITY ADVANTAGE DO FOR YOU?

COMMUNITY ASSOCIATION LOANS
Our loan programs are tailored to meet the needs of associations faced with large capital expenditures. We work closely with board members and property managers to ensure that an association can effectively complete common element repair projects and improve market value.

• Line of Credit
• Term Loan
• Construction Line of Credit
• Combination Line of Credit/Term Loan
• Letter of Credit
• Special Assessment Financing
• Co-Op Loans

RESERVE INVESTMENT SERVICES
The Bank can provide investment services that are designed for the reserve funds of condominium, townhome and homeowners associations, specifically, to preserve principal and improve return potential. We combine our experience and expertise to provide a variety of investment options to your association.

• Savings Accounts
• Money Market Accounts
• Certificates of Deposit (CD)

MAXSAFE RESERVE ACCOUNT:
MaxSafe Reserve is a solution designed for condominium, townhome and homeowners associations and cooperatives that value convenience and an unparalleled level of protection. MaxSafe Reserve provides up to 15 times the FDIC coverage of $3,750,000. How can we offer this unparalleled level of protection? By depositing your funds across our 15 affiliated Wintrust community banks. Fifteen banks equals 15 times the usual $250,000 level of FDIC maximum protection.

• Increased audit control
• Maximum FDIC insurance
• Convenient check writing
• Liquidity
• Single monthly statement & 1099
• Competitive return

TREASURY MANAGEMENT SERVICES
Wintrust Community Advantage offers a suite of products and services to assist associations and management companies in managing their cash and operations. We provide Treasury Management services that allow you to minimize internal administration and maximize use of excess funds. Because different clients have different needs, our treasury management services are flexible and custom-designed for you.

• Retail and wholesale lockbox services
• ACH Collection (Direct Debit)
• Remote deposit image capture
• Credit card processing of assessments
• Corporate credit and debit cards
• ACH payment
• Domestic and international wire transfer services
• ACH Debit Block & Positive Pay
• Online Banking Portal
-Balance reporting
-Transaction reporting
-Customer-initiated account-to-account transfers
-ACH templates
-Bill payment
-Online bank statements