Reserve cash management is the process of actively monitoring and maximizing community reserve funds. Proper financial management includes analyzing cash balances, identifying earnings opportunities, reporting, and ensuring liquidity as your community requires.

No. The platform accesses a preferred network of financial institutions that specialize in helping Community Associations maximize interest income for their communities.

This program does not require you change any existing relationships. We find it advantageous for our communities to have access to multiple value-added products and services. We are pleased to offer this program as Community Associations selecting the platform’s CDs and money market accounts earn greater interest income compared to most alternatives.

Fees may be charged for the placement of Certificates of Deposit. Access to the platform’s money market network is paid for by participating financial institutions and partners.

The platform provider may share compensation it earns from participating financial institutions and partners with the management company to offset costs for its assistance in administering the program.

Yes, all participating financial institutions provide deposit insurance through either the FDIC or the NCUA. Several institutions also provide full insurance coverage above standard limits, allowing a community to be fully insured regardless of total cash balances participating in the program.

Ampersand, Inc. is a financial services firm revolutionizing deposit management – partners with CommonArea to offer you industry leading rates and unparalleled service. With Ampersand, you ensure the safety of your deposits while unlocking their full potential. Ampersand, also known as Ampersand Public Advisors, LLC., is a registered Municipal Advisor with The Municipal Securities Rulemaking Board (MSRB) #K1337.

American Deposit Management (ADM) participates in the platform’s financial institution network. It specializes in offering nationally-competitive rates for CDs and money market accounts. The company manages over $6B in assets. ADM is a municipal advisor registered with The Municipal Securities Rulemaking Board (MSRB) #K0353.

Capital reserve fund accounts require special attention and should have a strategy separate from those funds needed to operate the community on a day-to-day basis.

We are highly selective in inviting banks, credit unions, and other financial institutions to our cash and reserve management program. Our partners have decades of experience working with Community Associations to maximize their investments. Among other criteria, financial institutions are selected by evaluating both their technical capabilities and financial stability using Kroll Bond Rating Agency (KBRA) financial intelligence ratings. For additional information, visit www.kbra.com.

All community data is handled in compliance with strict financial institution guidelines. Data access is limited to authorized individuals or organizations.

Board Members are usually the signatories. Per federal regulations, signers on accounts will be required to provide their social security number, date of birth, and a copy of their driver’s license or passport. If Board Members do not want to provide their personal information, our company’s representatives will be signers for the accounts.