Banks
The Interface Financial Group has worked with banking institutions in a complementary fashion for over 35 years. Banks realize that although they may have a quality deposit relationship with a customer, that customer may not meet its lending criteria. However, a simple rejection of a loan request could endanger its deposit relationship. Consequently, bankers often find it necessary to function as a solution provider for that customer.That's where IFG can step in.
IFG provides a non-competitive solution, allowing a bank to maintain and even enhance its deposit relationship, while “outsourcing” the customer's short-term funding needs to IFG.
Benefits of the IFG solution for banks include:
| • | The bank provides a solution, not just a “NO” response |
| • | The bank maintains its customer base and improves its deposit relationships; IFG does not take the customer away from the bank |
| • | The bank sees increased average daily balances as IFG funds are deposited with the bank |
| • | When the bank's customer becomes creditworthy in accordance with the bank's lending criteria, the customer will return to the bank for funding because of its strong pre-existing relationship. |
