FICA Funding is designed to provide banks a stable, cost-efficient alternative to expensive traditional branch deposits or other funding sources. Through the FICA Funding Network, StoneCastle enables any bank, regardless of size or geography, to gain access to institutional depositors who control more than $3 trillion of cash.
1. Easy to use
StoneCastle opens a single standard business money market or savings account.
Banks can request funds or return funds as needed - same day with no fees charged. Our team of professionals will tailor a deposit solution that fits each bank’s needs.
StoneCastle’s funds come from thousands of diversified AML/BSA pre-screened corporate, municipal and institutional depositors.
Institutional Cash Account (ICA®)
Bulk Insured Deposit Services (BIDS)
FICA For Banks