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Benefits of our Tax-Exempt Municipal Lease/Purchase Obligations
- High tax-exempt yields
- Short 2-5 year maturities, occasionally
6-15 years
- Predictable return of principal and interest
(monthly, quarterly, semi-annual & annual payments)
- Investment grade quality overall
- Bank examiners review
favorably
- Usually double and sometimes triple tax-exempt
- Booked
in the loan or investment portfolio for bank investors
- Bank eligible leases receive preferential treatment
under "TEFRA"
Benefits of our Taxable Federal & Commercial
Lease Obligations
- High taxable yields
- Short 2-5 year maturities
- Predictable return of principal
and interest (monthly payments)
- Overall Sound investment
- Bank examiners review favorably
- Credit is a department/agency of "Uncle Sam" or
a commercial credit
- Booked in the loan or investment portfolio
for bank investors
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