FFI_Logo
  • Home
  • About
    • Our Team
    • FirstService Corporate
  • Banking
    • Cash Management
    • Lending
  • Insurance
    • Distribution
    • Products & Programs
    • NY Brokerage
  • Blog
  • FAQ
  • Contact

Poinciana Villages – Poinciana, FL: Secure Funds & Interest Income

May 4, 2017John LeeCash Management

Since 2013, FirstService Residential has proudly managed the Poinciana Villages, an unincorporated community of 25,000 homes and over 50,000 residents in central Florida. The Association, while entrusting day-to-day operations of the community to our team, opted to maintain full control of its financials.

The Property Manager, Mark Maldonado, and the Senior Vice President, Fernando Dominguez, both recognized the value that FirstService Financial could deliver through its cash management programs and banking relationships. In 2016, they began working closely with our Product Manager to help the Association’s Banking Committee understand that same value. FirstService Financial saw an opportunity to increase security for the Association’s funds while providing options to earn more interest income.

Recently, the Board of Directors has committed to moving all bank accounts, totaling $5,900,000, to partner banks—a move that will net over $15,000 annually in interest income.

Recent Posts

  • January 2020 Highlight Reel
  • December 2019 Highlight Reel
  • November 2019 Highlight Reel
  • October 2019 Highlight Reel
  • September 2019 Highlight Reel

Archives

  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016

Categories

  • Cash Management
  • Financial News
  • Highlights
  • Insurance
  • Insurance Distribution
  • Insurance Products
  • Insurance Programs
  • Lending
  • Risk Management
  • Uncategorized
HomeAboutBankingInsuranceBlogFAQContact
Copyright - FirstService Financial