Fact Sheet: Scottrade Bank® Equipment Finance


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

Fred Van Etten

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.

Contact Public Relations

For media inquiries please contact Whitney Ellis, Senior Public Relations Specialist.

Scottrade Bank® Media Kit

Scottrade Bank® began operations in July 2008 and offers online banking products and services to Scottrade brokerage clients.

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