Multi-Bank Securities, Inc. Is Now An Approved Underwriter For The Federal Home Loan Banks
SOUTHFIELD, Mich., April 26, 2013 /PRNewswire/ -- Multi-Bank Securities, Inc., a Michigan-based, fixed-income securities broker-dealer announced today that it has been approved to underwrite debt securities for the Federal Home Loan Banks (FHLBanks).
"We are honored to be added to the latest update of approved underwriters," said David Maccagnone, Chairman and CEO of Multi-Bank Securities, Inc. He continued, "By being included as an underwriter, it provides our clients with more direct access to securities that they need for their investment portfolios."
Michael Drews, Vice Chairman of Multi-Bank Securities, Inc. concluded, "We look forward to working with the FHLBanks and helping them accomplish their mission."
About Multi-Bank Securities, Inc.
Multi-Bank Securities, Inc. is an independent, fixed-income securities broker-dealer that has been serving institutional investors across the U.S. for more than 25 years. Multi-Bank Securities, Inc.'s customers include credit unions, banks, municipalities, money managers, and other institutional investors. As a veteran-owned business, Multi-Bank Securities, Inc. is an approved underwriter of Fannie Mae Securities through their ACCESS® program. Multi-Bank Securities, Inc. underwrites wholesale deposits for institutions, and operates its own bond-trading desk.
Headquartered in Southfield, Michigan, Multi-Bank Securities, Inc. has additional offices in Fort Lauderdale, Florida; Irondale, Alabama; Newport Beach, California; and Columbus, Ohio. It has been named to the Inc. 500|5000 fastest-growing, privately-held companies list three consecutive years.
Multi-Bank Securities, Inc. is registered with the SEC and MSRB and Member of FINRA and SIPC.
Visit www.finra.org, to review Multi-Bank Securities, Inc.'s FINRA customer compliance record – CRD number 22098.
For more information, visit www.mbssecurities.com.
SOURCE Multi-Bank Securities, Inc.
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