Infinity Bancorp (INFT)

Overview

Infinity Bancorp is a distinguished bank holding entity that operates primarily through its subsidiary, Infinity Bank, catering to a variety of banking needs for both individual clients and businesses located in Southern California. Founded recently in 2018, Infinity Bancorp has rapidly established its presence in the banking sector, with its headquarters based in Santa Ana, California. The company's foundational mission revolves around offering a comprehensive suite of banking products and services designed to meet the evolving financial demands of its diverse clientele.

Products and Services

Infinity Bancorp, through Infinity Bank, presents a wide array of banking products and services tailored to suit the needs of individuals and businesses alike. Below is a detailed list of these offerings:

• Personal Banking:

  Customers can open both checking and savings accounts, offering flexibility and security for personal finances. The bank also provides personal loans and home equity lines of credit, catering to various personal borrowing needs.

• Business Banking:

  For businesses, Infinity offers business term loans, lines of credit, and accounts receivable financing, along with specialized financing options like commercial real estate loans, construction loans, and Small Business Administration loans. This broad spectrum of loan products is designed to support businesses at different stages of growth.

• Letters of Credit:

  Infinity Bancorp offers letters of credit as a part of its trade finance services, facilitating international trade by providing a payment mechanism that is secure for both exporters and importers.

• Debit and Credit Cards:

  Clients can access both debit and credit card services, enabling easy and secure transactions globally.

• Treasury Management:

  This service includes sophisticated solutions for managing a business's daily cash flow and financial operations efficiently.

• Electronic Banking:

  The company embraces the convenience of technology through its online and mobile banking services, bill pay, and remote deposit capture, allowing customers to manage their finances on-the-go. Additionally, services like direct deposit, ACH, and wire transfers streamline and secure the movement of funds.

• Additional Services:

  Customers can benefit from a variety of other services such as ATM access, automatic loan payments, night drop facilities, overdraft protection, as well as specialized solutions like armored car and cash vault services designed for businesses with higher cash handling needs.