HOA Budget Pressures? Inflation? Increasing Assessments?

We are committed to mitigating these cost pressures for our clients. Let us help you!

FirstService Residential clients can take advantage of reserve account interest rates that are 3x the national average*.

No matter the size, location, or type of community, our proprietary banking programs can provide your association with significant financial value. Here are just a few examples:

Contact us today or fill out the form – Get a no strings, free analysis!

                                   

FFI-web-building

High-rise community
$148K annual revenue gain.
That's $59 per unit, per month!

FFI-home

316-unit townhome community
$51.5K annual revenue gain.
That's $13 per unit, per month!

FFI-town

1,530-unit master-planned community
Up to $274K annual revenue gain.
That's $15 per unit, per month!

 

                                       

What are our clients doing with the enhanced earnings?

  • Offsetting inflation impacts on items such as insurance and utility costs
  • Retaining key vendors
  • Maintaining and/or enhancing reserve contributions
  • Stabilizing resident assessment rates
  • Re-purposing dollars to bring enhanced lifestyle and amenity value to residents

All without raising resident assessment rates!!

In addition to great interest rates on your reserve balance, FirstService Financial** also offers:

  • Competitive rates on insurance premiums
  • Preferred rates on HOA loans

Contact us today or fill out the form – Get a no strings, free analysis!

* Interest rates compared against National Deposit Rates in S&P Capital IQ Pro; SNL Financial Data, as cited in FDIC National and Rate Caps: https://www.fdic.gov/resources/bankers/national-rates/

** FirstService Financial is an affiliate of FirstService Residential.

 

 

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