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NEW! How AI is Changing Commercial Real Estate |
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Covercy is the first real estate syndication platform where banking meets investment management. Save time with our automated distribution & capital call payment processing, gain your LPs’ trust with our intuitive Investor Portal, and generate interest from capital funds held in your Covercy Wallet – all in one platform.
*Covercy is a financial technology company, and is not a bank. Banking services provided by Thread Bank, Member FDIC. he tiered annual percentage yield (APY) is effective as of September 19, 2024. This is a variable rate based on the Federal Funds Rate and may change after the account is opened. Rate is compounded daily and credited monthly. Fees may reduce earnings on the account. The Covercy Visa Debit Card is issued by Thread Bank, pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa is accepted. FDIC insurance is available for funds on deposit through Thread Bank, Member FDIC. Pass-through insurance coverage is subject to conditions.
Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when placed at
program banks in the Thread Bank deposit sweep program. Your deposits at each program
bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you
may already hold at the bank in the same ownership capacity. You can access the terms and
conditions of the sweep program at https://thread.bank/sweep-disclosure and a list of
program banks at https://thread.bank/program-banks. Please contact
customerservice@thread.bank with questions regarding the sweep program. Pass-through insurance coverage is subject to conditions.
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All testimonials, reviews, opinions or case studies presented on our website may not be indicative of all customers. Results may vary and customers agree to proceed at their own risk.
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