Our History

Multi-Bank Securities, Inc. has been providing financial solutions to our institutional investors for 29 years. Since our firm's establishment in 1987, we have expanded both our offices across the country and the services we offer our clientele.
  • 1985
  • 1987
  • 1988
  • 1992
  • 1996
  • 2000
  • 2002
  • 2006
  • 2009
  • 2010
  • 2011
  • 2012
  • 2013
  • 2014
  • 2015
  • 2016
  • 2017
  • Dave Maccagnone founds parent company Multi-Bank Services, Ltd. with two partners.
  • Dave Maccagnone forms Multi-Bank Securities, Inc. (MBS) under the umbrella of Multi-Bank Services, Ltd.
  • MBS registers with the SEC. MBS becomes a member of the NASD, now known as FINRA.
  • MBS moves its office from Grosse Pointe, Michigan to Southfield, Michigan.

  • MBS opens a new office location in Fort Lauderdale, Florida.

  • MBS’s CD underwriting desk is founded and begins underwriting DTC-eligible CDs.

  • MBS grows so rapidly that the company buys its own building in Pleasant Ridge, Michigan. MBS is recognized as one of the "Future 50 Super Growth Performers" by Detroiter Magazine.
  • MBS helps clients navigate through one of the worst financial crises in history.
  • Multi-Bank Services, Ltd., MBS’s parent company, is included on Inc. Magazine’s list of America’s fastest-growing private companies.

  • MBS and Columbus, Ohio-based Corporate One Federal Credit Union partner to provide investing products and other securities-related services to credit unions.

    MBS selects Pershing, LLC as its clearing firm.

    Inc. 500/500 ranks Multi-Bank Services, Ltd. as one of the fastest-growing, privately-held firms in the U.S. for the second year in a row.

  • Inc. Magazine names MBS to its list of America’s fastest-growing private companies for the third year in a row. MBS launches a proprietary online investment platform.
  • MBS outgrows its Pleasant Ridge location and moves into the Southfield Town Center, in Southfield, Michigan.

    MBS is approved as an underwriter of Fannie Mae Securities.

    MBS ranks in Crain’s List: Private 200, published by Crain's Detroit Business.

  • MBS is approved as an underwriter for the Federal Home Loan Banks.

    MBS opens an office in Pine Brook, New Jersey, which is later moved to Parsippany, New Jersey and also opens an office in Marietta, Georgia.

    MBS is invited to participate as a co-manager in Fannie Mae’s $4 billion, five-year benchmark offering.

    MBS forms a strategic alliance with Bankers’ Bank Northeast.

    MBS is recognized as a veteran-owned business through the National Veteran-Owned Business Association (NaVOBA).

  • MBS becomes an approved Freddie Mac underwriter.

    NACo announces an exclusive partnership with MBS.

    MBS opens offices in Minneapolis, Austin and Chicago.

  • Multi-Bank Services, Ltd. celebrates its 30-year anniversary.

    For the second time, MBS is ranked in Crain's List: Private 200.

  • MBS launches the Multi-Bank Securities Institute.

    MBS opens offices in New York City, Dallas and Cottonwood Heights, Utah.

    MBS is ranked in Crain's List: Private 200 for the third year.

  • MBS is approved as an underwriter of Farmer Mac securities.