At Red Rock Management we pride ourselves on continually improving our company so that we can provide our communities with the best management experience possible. In keeping with this commitment, we will be upgrading our banking partnership. While BB&T Bank was a solid partner to date, we have decided to partner with a bank better suited for our technology goals and our commitment to competitive rates.
We are excited to announce that Red Rock is partnering with CenterState Bank (Nasdaq: CSFL & FDIC: 33555). CenterState is one of the best and well capitalized banks in the country that concentrates in Association management services and understands the needs of Association Board of Directors. Furthermore, they have a 5-Star Bauer Rating and one of the largest association banks in the country.
Why this is good for your Association?
Better interest rates
Lower fees on coupon booklets and statements
Preferred rates and more Association loan opportunities
Better technology and access to bank data
Balance Forward statements
Expanded outsourced mail services
More financial support
What to expect:
Owners setup on the Red Rock account portal will not be affected
Accounts Payable will still be done through Strongroom/AvidXchange
Coupons/statements/billing will go out at the same time as last year
We will have a new mailing address for payments
Owners enrolled in ACH will be worked with directly to transfer over
Our official move date with be October 1st. 2019. Owners using the Red Rock account portal will not be affected as their payments will be processed normally. Owners paying by mail our through their personal online bank's Bill Pay will need to update to our new secure payment address.
New Payment Billing Address:
Red Rock Management
PO Box 996
Commerce, GA 30529
If you have any questions, please reach out to the Red Rock Team at firstname.lastname@example.org.
You can learn more about CenterState Bank by visiting their website at www.centerstatebank.com.