Affordable Housing HISA
A safe and secure
way to manage your savings
Get a prime-linked rate, even as the market changes.
South Side Private Capital’s Affordable Housing HISA protects your organization’s savings from market volatility, so you can earn a stable, predictable return. You’ll get a prime-linked rate and can access your funds whenever you need them–without penalty. Plus, all of your deposits help finance mission-driven projects in your community.
Benefits
- Premium interest rate.
- Fully liquid account, meaning you can access your savings whenever you need.
- Secure your principal from the volatility of the market.
- A variable interest rate ensures you benefit if the prime rate increases.
- Deposits are eligible for deposit insurance by the Deposit Insurance Cooperation (CDIC).
- 100% of Affordable Housing HISA deposits contribute to affordable and sustainable communities.
Features
- Available exclusively to non-profit affordable housing providers.
- Features a variable interest rate.
- Prime less 1.85%.
- No management fees.
- Interest paid monthly.
- 5 free outgoing transactions per month, $5 for each additional transaction.
- Minimum of $50,000 per depositor account.
Contact us to get started.
We put your savings to work for positive change.
80
+
new social purpose real estate projects
3300
+
units of new or preserved affordable housing
943182
sq.ft.
of non-profit, co-working, cultural and community spaces
South Side Private Capital Bank is a member of CDIC and is a Certified B CorpTM