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Help Section

Frequently Asked Questions

  • Can you help us get a loan?
    Yes! Our platform will pre-qualify your association based on standard underwriting guidelines. The board will be presented various options, allowing you to select the best choice for your community's needs.
  • It is easy for boards to lose track of maturing CDs. How do we combat that?
    We send alerts for CDs coming due - plus any custom hot opportunities for investing community cash - and then serve you custom investment opportunities in a board-ready report.
  • How do you deliver 2x the investment earnings than previous solutions?
    We built the only platform specifically designed for community managers to easily and actively manage reserve and cash investments. Our clients - who manage over 7,000 communities - are doubling their communities' annual earnings by getting the best rates with the only financial marketplace tailored to the needs of the industry.
  • Is CommonArea a one-stop shop for association investments?
    Yes, the digital tools organize data and create efficiencies while the network of association banks offer nationally-competitive rates for greater earnings. No need to call around for rates and create a document for boards.
  • What is CommonArea Financial?
    We are industry veterans who set out to improve the financial health of communities. We do this by empowering managers and their communities with tools to drive better financial outcomes (i.e., incremental, compounding revenue!!).
  • Do you work with my bank?
    Most likely! Our marketplace offers over 500 FDIC-insured, community association-focused financial institutions. If you don't see your bank, we can invite them to our platform. Additionally, our program does not require you to change any existing relationships.
  • What investment products do you offer?
    CommonArea's marketplace only provides products that will not lose principal. We offer CDs and Money Market accounts with great returns so your communities can plan their budgets with confidence. All deposits are insured through FDIC or NCUA.
  • Are there fees?
    The CD and Money Market rate is net of fees, so there is no fee charged to communities or managers. For loans, there is a fee for loan placement.
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