HACKENSACK, N.J., June 27, 2017 (GLOBE NEWSWIRE) — Total Bank Solutions, (TBS), a privately held financial technology firm located in Hackensack, NJ, announces the appointment of Joe Sarbinowski, Managing Director, Account Management.
Mr. Sarbinowski joins TBS with 30 years of financial industry experience. He spent most of his career at Deutsche Bank where he was Global Head of Liquidity Management for the last decade. In this capacity, he built a global cash management investment business, including an FDIC insured deposit sweep to serve banks and other financial intermediaries. His entire career has focused on serving clients.
“We are very excited to have Joe join our team. He brings TBS and our clients a wealth of knowledge and industry experience in the realm of financial markets, product development and client satisfaction. We look forward to his success in serving our clients and helping build the TBS franchise,” said Eric Pierce, TBS Managing Partner.
Total Bank Solutions (TBS) was founded in 2004 to serve the needs of banks and financial intermediaries. Leveraging proprietary technology, TBS’ FDIC Insured Deposit Program, currently with over $60 billion in assets under administration, is designed to provide their clients with the benefit of extended FDIC insurance and, for their network of over 150 participating banks, a stable, diversified and cost-effective source of deposit funding. The new Securities-Based Loan Platform now enables banks with excess lending capacity the opportunity to connect with clients that have borrowing needs. Through TBS Bank Monitor, TBS offers clients the ability to conduct risk analysis and surveillance of all FDIC-insured institutions through an online subscription service. By providing participants with access to innovative and customized products and services, TBS seeks to deliver solutions to help clients meet their unique funding and investment needs today and position their firms for future success.
For more information about TBS, visit www.totalbanksolutions.com
Total Bank Solutions, LLC
Three University Plaza, Suite 605
Hackensack, NJ 07601