StoneCastle Cash Management, LLC ("SCCM") provides superior deposit solutions for depositors, enterprises, and banks. Its services are used by a wide range of depositors, including wealth managers, Fortune 500 corporations, endowments, municipalities, family offices and others. SCCM offers clients 100% federal deposit insurance on large balances as well as exceptional deposit rates. Since inception, SCCM has provided banks with more than $170 billion of reliable, stable funding to 1,000+ banks throughout the U.S.
2021
New York, NY
Cambr was established to provide high volume deposit processing and extended FDIC insurance for deposit accounts issued by fintech and embedded finance companies. The platform processed more than 5 million retail and small business acccounts, providing programs with new revenue streams and end-users with the safety of extended insurance.
StoneCastle completed the sale of Cambr and its highly diversified deposit base to National Bank Holdings Corp's (NYSE: NHBC) NBH Bank subsidiary in 2023.