Tectonic Financial Inc. Preferred Stock (TECTP)

Overview

Tectonic Financial, Inc. is a distinguished financial holding company that caters to the sophisticated financial needs of high net worth individuals, small businesses, and institutions throughout the United States. With a robust foundation established in 2016 and initially known as T Acquisition, Inc., the company underwent a strategic rebranding to Tectonic Financial, Inc. in May 2019. Headquartered in Dallas, Texas, Tectonic Financial, Inc. prides itself on its comprehensive suite of banking and financial services, delivered through a variety of contemporary and accessible channels such as automated teller machines, mobile banking, and internet banking platforms.

Products and Services

Tectonic Financial, Inc. distinguishes itself in the market with a wide array of products and services designed to meet the diverse needs of its clientele:

• Banking Services: Offering a complete spectrum of commercial and consumer banking services to accommodate the daily financial operations of its clients. This includes:
• Demand Deposits – Flexible checking accounts allowing for easy deposit and withdrawal.
• Regular Savings Accounts – Enables clients to earn interest on their savings.
• Money Market Accounts – Offers higher interest rates compared to regular savings accounts, under certain conditions.
• Individual Retirement Accounts (IRAs) – Retirement savings accounts that provide tax advantages for retirement savings.
• Certificates of Deposit (CDs) – Time-specific savings accounts that yield higher interest rates in exchange for leaving a lump-sum deposit untouched for a predetermined period.
• Loan Products: A variety of lending options tailored to the financial ambitions and constraints of clients, including:
• Commercial and Real Estate Loans – Financing options for businesses to purchase, develop, or refinance property.
• Dental Loans – Specialized loan products for dental practitioners to start, expand, or refurbish their practices.
• Commercial Real Estate and Construction Loans – Targeted financial solutions supporting the acquisition, development, and construction of commercial properties.
• Consumer Installment Loans – Personal loans that clients can use for big purchases, consolidating debt, or covering unexpected expenses.
• Wealth Management and Trust Services: Expert advice and sophisticated strategies to manage, protect, and grow wealth, including estate planning, tax strategies, and asset management.
• Additional Financial Services: An array of specialized financial services designed to provide comprehensive support to clients’ diverse needs, encompassing:
• Investment Advisory Services – Personalized investment advice to help clients build and maintain their investment portfolios.
• Securities Brokerage Services – Assistance in buying and selling securities, such as stocks, bonds, and mutual funds.
• Factoring – Financial transactions and debtor finance in which a business sells its accounts receivable to a third party at a discount.
• Third-party Administration – Management of retirement plans and employee benefits for companies.
• Recordkeeping – Organizational services that ensure accurate keeping of financial records.
• Underwriting and Insurance Services – Providing insurance products and services, including risk assessment and policy issuance.