Our History

Multi-Bank Securities, Inc. has been providing financial solutions to our institutional investors for more than three decades. 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
  • 2018
  • 2019
  • 2020
  • 2021
  • 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, privately held companies.

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

    MBS selects Pershing LLC, a BNY Mellon company, as its clearing firm.

    Inc. 500|5000 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, privately held 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 Detroit Business Private 200 list.

  • 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.

    MBS is certified as a Veteran-Owned Business Enterprise (VBE) by the South Central Texas Regional Certification Agency (SCTRCA).

    The National Association of Counties (NACo) announces an exclusive partnership with MBS.

    MBS opens offices in Austin and Chicago.

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

    For the second time, MBS is ranked in Crain’s Detroit Business Private 200 list.

  • MBS launches the Multi-Bank Securities Institute.

    MBS opens offices in New York City and Dallas.

    MBS is ranked in Crain's Detroit Business Private 200 list for the third year.

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

    MBS is ranked in Crain's Detroit Business Private 200 list for the fourth year.

    MBS is approved as a dealer of Federal Farm Credit Banks securities.

    MBS's parent company, Multi-Bank Services, Ltd., ranks in the Inc. 500|5000 list for the sixth time.

  • MBS is selected as a winner of Corp! Magazine's Economic Bright Spot Award.

    The Firm is certified as a Disabled Business Enterprise (DIBE) by the South Central Texas Regional Certification Agency (SCTRCA).

    MBS and its parent company, Multi-Bank Services, Ltd., are certified as a New York State Service-Disabled Veteran-Owned Small Business (SDVOB).

    The Firm ranks in Crain's Detroit Business's first Largest Veteran-Owned Business List.

  • MBS is certified as a Service-Disabled Veteran-Owned Business (SDVOB) by the National Veteran Business Development Council (NVBDC).

    The Firm ranks in Crain's Detroit Private 200 List for the fifth year.

    MBS ranks in Crain's Detroit Largest Veteran-Owned Businesses List for the second year.

  • MBS CEO and Chairman David T. Maccagnone is recognized in Crain's Detroit List of Notable Veterans.

    The Firm ranks in Crain's Detroit Private 200 List for the sixth year.

    MBS ranks in Crain's Detroit Largest Veteran-Owned Businesses List for the third year.
  • MBS ranks in the Inc. 500|5000 list for the seventh year.

    Corp! Magazine selects MBS as a Diversity Focused Company honoree for its Salute to Diversity Awards.

    MBS ranks in Crain's Detroit Private 200 list for the seventh year.

    MBS ranks in Crain's Detroit Fast 50 list for the second year.