Capital Markets
Today's business professionals know the importance of careful cash management and short-term investing of excess cash balances. However, accessing the broader capital markets on a frequent basis can be costly. Marine Bank enables organizations to efficiently make frequent short-term investments through select deposits and other non-deposit products and the services. We can help you design a program to put excess cash to work each night or over longer periods of time in a convenient and effective way.
| • Certificates of Deposit (7 days to 7 years) |
| • Money Market Accounts (interest earning deposit with unlimited sweeps to and 6 transfers and withdrawals from a month) |
| • Repurchase Agreements (overnight sweep accounts to one year terms)* |
| • Federal Funds |
| • U.S. Treasury Bills and Government Agency Discount Notes (one year and less)* |
Marine Bank offers both deposit and non-investment products. Certificates of Deposit of $100,000 are FDIC insured (this limit has increased to $250,000 until December 31, 2013). * Repurchase Agreements, U.S. Treasury Bills and Government Agency Discount Notes are not a bank deposit, obligation or guaranteed by the bank and are NOT FDIC insured. These investment products are subject to investment risk, including potential principal loss. |
