Since 2009, StoneCastle has delivered clients superior savings deposit solutions while providing banks with reliable funding

Superior Savings Deposit Solution

Clients receive 100% federal deposit insurance on large balances while earning exceptional deposit rates.
Stable Deposit Funding for Banks

More than $170 billion of reliable, stable funding delivered to 1,000+ banks of all sizes throughout the U.S.

About StoneCastle

Since 2009, StoneCastle has provided superior savings account solutions for depositors, enterprises, and banks. Its services are used by a wide range of depositors, including wealth managers, Fortune 500 corporations, endowments, municipalities, family offices and others. The firm is comprised of 40+ professionals with deep expertise in banking, technology, cybersecurity, and institutional-grade operations.

StoneCastle Cash Management, LLC ("StoneCastle") was founded by SCP, a leading investor in community banks with long-standing relationships with thousands of banks. SCP is sponsored by:

CIBC

Canadian Imperial Bank of Commerce, one of the world's largest banks, is a multinational banking and financial services corporation

Charlesbank

Charlesbank is a Boston-based private equity firm that traces its origins to the Harvard University endowment.

History

StoneCastle Cash Management, LLC was founded in 2009 to create new funding sources for community banks throughout the U.S.  Thousands of community banks are too small to gain access to deposits from large corporations, and SCCM was established as a bridge to overcome this structural barrier. SCCM's parent, StoneCastle Partners, was already well-known in the banking industry and SCCM was well-received by bankers, regulators and institutional investors.

2003

SCP founded to develop businesses that serve the $3 trillion community banking industry.

2007

SCA's AUM surpasses $2.0 billion, totaling investments in more than 275 banks in over 40 states.

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2004

StoneCastle Advisors, LLC ("SCA") established to invest in tier I & II capital securities issued by community banks.

2003

SCP is founded to develop businesses that serve the $3 trillion community banking industry.

2004

StoneCastle Advisors, LLC ("SCA") established to invest in tier I & II capital securities issued by community banks.

2007

AUM surpasses $1.8 billion, totaling investments in more than 275 banks in [49] states.

2009

StoneCastle Cash Management, LLC (“SCCM”) is founded. Business dedicated to providing funding to community banks and to create unique cash products for institutional investors.

2010

FICA product (extended-FDIC insurance product) launched.

2013

Number of banks participating in SCCM’s bank network surpasses 400.

2015

SCCM’s AUM surpasses $10 billion, serving 575+ banks in the SCCM network.

2018

FICA for Advisors product is launched to offer FICA product to financial intermediaries.

2018

Number of banks participating in SCCM’s bank network surpasses 800.

2019

FICA Impact launched.

2020

Over 900 banks participating in deposit network.

2009

StoneCastle Cash Management, LLC is founded; dedicated to providing funding to community banks and to create unique cash products for institutional investors.

2010

FICA product (extended-FDIC insurance product) launched.

2015

SCCM AUM* surpasses
$10 billion.

2018

Number of banks participating in SCCM’s bank network surpasses 800.

timeline lines

2013

Number of banks participating in SCCM’s bank network surpasses 400.

2018

FICA for Advisors product is launched to offer FICA product to financial intermediaries.

2019

FICA Impact launched.

2023

Over 1,000 banks participating in deposit network.

Team

Management

Frank V. Bonanno
Managing Director & Head of Marketing
Yi Cheng
Managing Director and Chief Architect
Robert Collins
Managing Director
Erik Eisenstein
Managing Director
Dan Farrell
Chief Executive Officer
David Fuccillo
Managing Director
Eric S. Lansky
President
Jimmy R. Noriega
Chief Operating Officer
Brandon Semilof
Managing Director
Shawn Tay
Chief Technology Officer
Kim Weeks
Managing Director
Frank V. Bonanno

Frank V. Bonanno

Managing Director

Daniel Farrell

Daniel C. Farrell

Chief Executive Officer

David Fuccilo

David Fuccillo

Managing Director

Erik Lansky

Eric S. Lansky

President

Jimmy R. Noreiga

Jimmy R. Noriega

Chief Operating Officer

Brandon Semilof

Brandon Semilof

Managing Director

Kim Weeks

Kim Weeks

Managing Director

Board of Directors

Joshua S. Siegel, Chairman
Founder and CEO, SCP
Michael R. Eisenson, Director
Managing Director & Founding Partner, Charlesbank Capital Partners
Daniel C. Farrell, Director
CEO, StoneCastle Cash Management
George Shilowitz, Director
Co-CEO, SCP
Brett Dunk, Senior Advisor
Vice President, Corporate Development, Canadian Imperial Bank of Commerce (CIBC)
Joshua Siegel

Joshua S. Siegel, Chairman

Founder and Managing Partner, SCP

Stephen Rotella

Stephen J. Rotella, Vice Chairman

Partner, SCP

Brett Dunk

Brett Dunk, Director

Vice President, Corporate Development, Canadian Imperial Bank of Commerce (CIBC)

Michael R. Eisenson

Michael R. Eisenson, Director

Managing Director & Founding Partner, Charlesbank Capital Partners

Daniel Farrell

Daniel C. Farrell, Director

CEO, StoneCastle Cash Management

George Shilowitz

George Shilowitz, Director

Partner, SCP