What is Great Eastern Management?
Great Eastern Management operates as a specialized listing service focused on creating a market for Jumbo Certificates of Deposit (CDs). The company connects FDIC-insured banks seeking attractive rates with a diverse clientele, including credit unions, banks, trade associations, municipalities, and corporations. Their service facilitates the matching of investors with banks offering competitive rates for both short and long-term maturities, providing an alternative funding source when local deposits are challenging to attract. With 30 years of experience, Great Eastern Management emphasizes professional service, guaranteed results, and a streamlined process for managing CD accounts, ensuring compliance with FDIC and Patriot Act requirements.
How much funding has Great Eastern Management raised?
Great Eastern Management has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Great Eastern Management
PPP
Public-Private Partnership
What's next for Great Eastern Management?
The 'large-scale late-stage funding' context suggests Great Eastern Management is poised for significant expansion or strategic initiatives. This capital infusion is likely to bolster its market-making capabilities for Jumbo CDs, potentially through enhanced technology, broader outreach to financial institutions, or the development of new financial products. The company's focus on providing a professional, efficient, and compliant platform for CD issuance positions it well to capitalize on market opportunities and further solidify its reputation as a premier CD listing service.
See full Great Eastern Management company page
