Self-Directed IRA (Bank Stock Only)

Egg-in-Basket

Build Your Nest Egg by Matching L/T Investments to Community Bank Stock

CAMELS, in recognizing the benefits of matching long-term investment dollars associated with Individual Retirement Accounts (“IRA”), sees significant opportunity in targeting those dollars for the purchasing of community bank/bank holding company stock.

Now a privately held community bank can secure L/T investment dollars for stock purchases through continual IRA contributions.

Investors can now match their long-term retirement investment dollars to community bank stock recognized by investment advisors, as a long-term ‘hold’ investment.

Designed and Structured for Immediate Implementation

CAMELS has designed a program that provides the necessary operational structure to accommodate privately held community bank stock in an IRA account. This program takes the existing Self-Directed IRA product and provides both Shareholder and Issuer (BHC/Bank) investment advantages typically only offered by brokerage firms for publicly traded stock.

CAMELS program addresses IT, Operational, Compliance, Marketing, and Transactional procedures ensuring long-term ease of management and customer acceptance.

Identifies and Provides Operational Guidance and Systems

CAMELS Self-Directed IRA program utilizes existing bank system (when feasible) and provides direction for building out a complete operational platform. The program accommodates the setting up and management for addressing either external or internal existing IRA accounts to a Self-Directed IRA or opening new accounts.

Addresses All Possible Scenarios of Account Management:

  • Opening accounts and ongoing contributions
  • Handling of cash dividends
  • IRS reporting
  • Distribution
  • Utilization of existing documentation providers (Wolters Kluwer, Deposit Pro, Ascensus, etc.)
  • Establishing FMV for stock purchases

Additional Benefits of Self-Directed IRA – Liquidity and Source of Capital

Incorporating a Self-Directed IRA specifically designed to hold community bank stock provides clear benefits to both shareholder and bank/bank holding company, providing liquidity, program of consistent stock purchases, and the ability to handle large block sales without needing to rely on stock buy-back programs. Establishment of a Self-Directed IRA program in advance of a capital raise offers access to funds already set aside for L/T investment.

Contact CAMELS to Set Up Your Self-Directed IRA Program Learn About the CAMELS Self-Directed IRA Resource Center


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