Scottrade Bank® Equipment Finance is a division of Scottrade Bank offering a full range of equipment finance options, and specializing in originating and syndicating commercial equipment leases for U.S. companies. Scottrade Bank and Scottrade, Inc. are subsidiaries of Scottrade Financial Services, Inc.
Background
Official Name
Scottrade Bank® Equipment Finance
Founded
2012
Scottrade Bank was formed in 2008 to provide FDIC-insured deposit accounts to Scottrade clients. In 2011, Scottrade Bank introduced retail banking products, including checking and savings* accounts. In 2012, Scottrade Bank established a new division, Scottrade Bank® Equipment Finance, enabling Scottrade Bank to grow its commercial loan base of products.
President
Corporate Headquarters Location
St. Louis
Number of Associates
As of December 2012, Scottrade, Inc. employed more than 3,600 associates, including banking associates.
*Federal law limits the number of certain withdrawals on any savings or money market account to six per month. ATM withdrawals are not subject to federal limits. See Scottrade Bank Account Agreement for details.