Company Information

Get to know REDEC/RRC Southern Tier

Southern Tier West Regional Planning & Development Board (STW) is a non-profit organization established in 1969 to serve communities and businesses in Allegany, Cattaraugus, and Chautauqua counties in New York. Its mission is to foster regional collaboration, promote economic development, and enhance the quality of life in the region. STW administers various programs, including the prominent REDEC/RRC Loan Funds (Regional Economic Development and Energy Corporation / Regional Revolving Loan Corporation), which provide gap financing to local businesses to encourage private investment and support the creation and retention of jobs.

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REDEC/RRC Southern Tier

United States

Founded in

1980 (46 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.