CSC was formed to support nonprofits around the country, but what makes our organization different is our desire to bring local community banks closer to those nonprofits. We do this by CSC by placing the funds we manage in community banks and opening law firm trust accounts in order to generate interest that can be directed towards nonprofits as a donation. The donation is based on account balances of all of CSC accounts.
This unique program, the Charity Deposit Program, offers the following benefits:
- Provides stable deposits and a consistent client relationship
- Boosts support in your community without using bank funds
- Builds on your brand recognition as a community partner
- May align with your institution’s corporate social responsibility strategy and CRA requirements
If you are interested in learning more about how we work with banks, please email Jay Stillman.