FirstService Financial strives to help our clients find customized solutions for their banking needs. Since Boards have a fiduciary responsibility to protect the assets of the associations that we manage, we recognized that an enhanced deposit insurance product would be a valuable resource to our clients. We understand that many clients have large reserve portfolios…
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Did you know that Directors and Officers coverage is typically written on a claims-made basis as opposed to an occurrence policy? Many liability policies are occurrence policies, which means they provide coverage for accidents or incidents that occur during the policy period, regardless of when the claim is reported. So, if you have an incident…
LOANS CLOSED $9,300,000: Gentry Apartments – Brooklyn, NY $8,150,000: Chesapeake Owners Corporation – New York, NY $2,850,000: 125 Beach 124th Street – Rockaway, NY $1,540,000: Briarwood at Forest Park – Woodhaven, NY $850,000: Whitley Park – Bethesda, MD CASH MANAGEMENT Park Claridge Condominium Association – Deerfield, IL: Moved approximately $500,000 to partner banks, tripling…