Property management & HOAs
Reserves and deposits, properly protected.
How HOAs and property managers protect reserve funds, security deposits and capital-project cash above the FDIC limit, with reporting boards can follow.
Why cash is often under-protected
- Reserve studies require large balances
- Security deposits held for tenants
- Volunteer boards need simple oversight
The FDIC insures up to $250,000 per depositor, per bank, per ownership category. Everything above that at one bank is uninsured.
One account. 300+ insured institutions.
- Insured placement for reserves and deposits
- One statement boards can read
- Ladder CDs to match capital project timing
- Keep your management bank
Ampersand, Inc. is not a bank. Ampersand acts as administrator in placing deposits at FDIC- or NCUA-insured institutions; deposit insurance is provided by those institutions, subject to standard limits, aggregation rules and pass-through requirements. Eligibility of specific fund types depends on applicable law, governing documents and program terms. ‡ Program rates have averaged 5–9x the FDIC national average savings rate, as of 10/15/2026; averages are not a guarantee of any client’s rate. Rates vary and are not guaranteed. Not legal, tax or fiduciary advice.