Vantaca, the leading community management performance software, is proud to announce a new partnership with Landing Rock Cash Management, the leading provider of accounts for savings with extended federal insurance coverage for homeowner associations. This collaboration marks a significant milestone in the industry to provide a secure account for reserves with up to $50 million in federal insurance coverage per account, and with daily access to hundreds of certificates of deposit nationwide.
Kenny Matthews the SVP of Sales for Landing Rock said "This marks a significant step forward for Landing Rock in the HOA space. After countless requests from mutual clients of Landing Rock and Vantaca this integration has streamlined reconciliation of our clients' reserve accounts. We are excited that this partnership makes it incredibly easy for Vantaca association managers to open Landing Rock Insured Deposit Accounts on behalf of their communities. With higher rates, earnings credits, and a streamlined user-friendly experience, it's a win-win for both association managers and their communities."
Landing Rock and Vantaca will leverage their respective expertise and technologies to deliver an unparalleled experience for community management professionals. The integration of Landing Rock’s popular Insured Deposit Account with Vantaca's robust platform will provide Vantaca customers with seamless access to their cash reserves at a competitive interest rates, nationwide CDs, and up to $50 million in federal insurance coverage per account.
The Landing Rock Insured Deposit Account (‘IDA’) is a high yield account for savings that seeks to provide a competitive level of interest with liquidity, safety and 24/7 access to account information. Deposits in the IDA are distributed among hundreds of federally insured banks and credit unions and accessed through one single account with one statement.
Landing Rock Cash Management is an affiliate of Double Rock Corporation, a financial services and technologies holding company incorporated in the State of New Jersey in 1970. Today Double Rock affiliated companies provide innovative cash, cash-related, and technology solutions to the bank, broker-dealer, investment advisory, homeowner’s associations, and direct retail markets. Double Rock is headquartered in New York.
For more information about Landing Rock and the Insured Deposit Account please visit www.landingrock.com or contact us at kmatthews@landingrock.com or call 801-400-8888.
Vantaca is the leading community management performance software that enables owners and operators, community management teams, accounting teams, and association boards to improve business performance. More than just accounting and management software, it is business operating software that helps increase revenue, efficiency, flexibility, and control. Vantaca is focused exclusively on community management and is the trusted and proven technology leader in the community association management industry.
For more information, please visit www.vantaca.com.
PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. The Insured Deposit Account is not a mutual fund or insured by SIPC. Funds in the Insured Deposit Account are federally insured upon deposit at a participating institution upon direction by the program administrator, Landing Rock Group LLC. This is a brief summary of IDA. Please read the Terms and Conditions relating to the IDA program for more complete information and the governing terms of the account (including liquidity, fees, terms, etc), which is available at www.landingrock.com. The Insured Deposit Account is offered by Landing Rock Group LLC, which is not a bank. Indicative rates are per annum and may change without notice. Historic rates are no guarantee of future performance. Rates to specific customers may vary. THIS IS A SUMMARY OF THE LANDING ROCK IDA AND IS SUBJECT TO THE LANDING ROCK IDA TERMS AND CONDITIONS WHICH YOU SHOULD READ BEFORE INVESTING