Financial Services Marketplace
Steps to Maximize Earnings
The Reserve Cash Management Program provides proactive alerts to ensure board members are always informed about their community's investments and new opportunities in the Financial Services Marketplace. These email alerts are automatically activated with the launch of the program and are designed to give boards ample time to make informed decisions regarding reinvestment.
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Board members receive two types of alerts regarding their association’s reserve fund investments: CD maturity and hot opportunity. Upon receiving a program alert, board members should do the following:
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Review the Alert: Note the maturing CDs or hot opportunities, their current interest rates, and balances.
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Consider Current Program Rates: Review the available interest rates for various terms provided in the alert compared to the current rates for your accounts.
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Discuss with Your Manager or Banking Specialist: Work with your community’s dedicated banking specialist to understand the best investment options that align with your association's financial goals and liquidity needs.
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Make an Informed Decision: Decide on the reinvestment strategy for the maturing funds or other accounts, considering both maximizing returns and maintaining appropriate liquidity.
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Initiate Action: Use the provided links in the alert to request new accounts, CD purchases, or review detailed analysis to proceed with your decision.
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When making a decision regarding your association’s reserve accounts, you’ll want to consider both your short-term liquidity needs and your long-term financial goals.
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What capital expenditure projects are upcoming during the next 12-24 months?
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How much excess funds does the community have available for investment?
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Can earnings from CDs and Money Market Accounts offset planned assessment increases?
Once you make an informed decision, quickly act on the email alerts for hot opportunities and maturing CDs to maximize investment earnings.
Reserve Cash Management Program – SAMPLE – Email alert
Please note, these alerts will be sent automatically at least 30 days prior to CD maturity, allowing the Board time to work with our Banking Specialist to find the best investment options.
