Community Advantage, A Wintrust Company is the Midwest’s lending provider of financial services to condominium, townhome and homeowners associations. We know this market inside and out because it’s all we do and have been serving this market for the last 16 years.
We provide the following financial services:
• Association term loans for capital improvement s projects
• Construction and stand by Line of Credits
• Deposit services for assessments payments
o Lock Bock
o ACH Collections
o E check and credit card
• Reserve Accounts – MAX Safe Money Market Account
o Provides FDIC insurance up to $3.75 Million
o Managed at Community Advantage, with one consolidated statement and tax reporting at the end of the year.