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Community banks are under pressure to manage their investment portfolios very wisely amidst the current interest rate climate. It’s a top priority, but so is finding banking talent and keeping your clients satisfied. Outsourcing your bank’s Investment Portfolio Services to a team of highly experienced, reputable industry experts is efficient and offers peace of mind.

Investment Portfolio Services

INVESTMENT MANAGEMENT

We will provide names of experts you can select to serve as your investment officers and bring:

• Over 60 years combined investment management experience
• A balance sheet approach to investment management
• Expansive bank investment portfolio expertise in all asset classes
• Execution through your existing broker-dealer based on established investment parameters

NEVADA INVESTMENT SUBSIDIARIES

NEVADA INVESTMENT SUBSIDIARIES

Financial institutions establish a Nevada investment subsidiary to outsource and manage all or a portion of their fixed income investment portfolio. By partnering with First Business Bank’s Bank Consulting team, your bank will gain the experience and knowledge of more than 60 years of combined experience managing bank balance sheets.

Your Nevada subsidiary shares office space at our offices located at 6920 S. Cimarron Road, Suite 204, Las Vegas, Nevada 89113, which includes:

• Office space
• Furniture
• Computer equipment
• Optional dedicated phone line
• Secured, fire proof file cabinets
• Signage
• Conference room

Investment Portfolio Services

GENERAL LEDGER SERVICES

We provide general ledger services for the daily accounting of your bank’s investment subsidiary.

• Daily transaction input
• Monthly financial statements
• Data files mapped to parent bank general ledger
• Reconciliation of investment portfolio reports to general ledger and safekeeping system
• Controls and processes to be reviewed annually by an outside public accounting firm

Investment Portfolio Services

BOND ACCOUNTING & SAFEKEEPING SERVICES

Your investment subsidiary can choose to keep its current bond accounting and safekeeping relationships or have First Business Bank negotiate these services, with the benefit of transparent fees.

• To protect the investment subsidiary’s assets, all purchases and sales are delivery versus payment (DVP) or receive versus payment (RVP)
• Free deliveries will only be permitted with prior consent from your parent bank
• Outgoing wires will only be permitted if they are processed with a repetitive wire destination approved by your parent bank
• Bond accounting will be processed and reconciled monthly
• Investment portfolio analytics will be generated quarterly with custom analysis available

 

 

NOTICE

Consumer Bill Payment clients may see a one-time pop up message when accessing the Bill Payment section of Online Banking informing you about heightened Virtual Card payment security.

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NOTICE

Access to our Remote Deposit Capture system is intermittently unavailable; users may not be able to access it at this time. We are working to restore access as possible. If you have questions, please contact us at:

  1. Wisconsin Region: 608-232-5938
  2. Kansas Region: 913-717-6464