:Reich & Tang Deposit And Liquidity Solutions
A new era of banking has taken hold and the changing landscape requires banks and their boards to be engaged in all aspects of capital and liquidity planning. Forward thinking community bankers have begun implementing solutions that are not only right for their banks, but for their customers as well. Reich & Tang, a leader in deposit and liquidity solutions for community banks, provides the solutions that help banks meet their liquidity, regulatory, and risk management needs, while enabling them to better compete in local and regional markets.
:Demand Deposit MarketplaceSM (DDM)
A comprehensive, daily deposit and liquidity management sweep solution that enables all bank customers to earn interest and receive expanded levels of FDIC insurance. DDM enables banks to receive, send, or exchange deposits with other banks to meet their unique balance sheet management needs on any given day.
- Reciprocal Banks—Exchange deposits with other banks to maximize FDIC offering without decreasing your deposit base.
- Receive Banks—Take on additional deposits to strengthen balance sheet, create or supplement a Liquidity Contingency Plan, diversify funding sources and counterparty risk, and mitigate concentration risk by balancing levels of term and liquid deposits.
- Send Banks—Send excess deposits to other banks to shrink your balance sheet, improve capital ratios, and offer customers expanded FDIC insurance.
For more information about Demand Deposit Marketplace, click here.
:On-Balance-Sheet Sweep
A core deposit, daily cash management solution that enables a banks' commercial customers to earn interest on excess cash balances by sweeping funds between a DDA and MMDA held at the bank.
- Retains and grow core deposit balances
- Strengthens balance sheet
- Funds local loan demand
:Off-Balance-Sheet Sweep
A fully automated, daily money market mutual fund sweep that enables a banks' commercial customers to earn interest by investing excess balances in a choice of high quality money market funds.
- Decrease deposit base
- Generate fee income
- Improve balance sheet ratios
- Provide a wider source of investment objectives
Reich & Tang provides a comprehensive suite of deposit and liquidity solutions to meet the unique needs of your bank and its customers, regardless of the market environment. Depending on the needs that are most critical to your growth and success, Reich & Tang has a solution that is right for the future of your bank.
| Grow Deposits | Generate Fee Income | Shrink Balance Sheet | Supplement/Create Contingent Liquidity Plan | Diversification of Funding Sources | Liquidity Management | Expanded FDIC Insurance | Core Processor Compatibility | ||
|---|---|---|---|---|---|---|---|---|---|
| Off-Balance-Sheet Sweep |
|
|
|
|
|||||
| Core | On-Balance-Sheet Sweep |
|
|
|
|||||
| Reciprocal | Demand Deposit MarketplaceSM |
|
|
|
|
|
|
|
|
Reich & Tang is a wholly-owned subsidiary of Natixis Global Asset Management, L.P. (“NGAM”), which provides the strength and stability associated with being one of the world’s largest money management organizations.
Reich & Tang Marketing Portal
The Marketing Portal is an easy-to-use and cost-effective tool that will help you grow your customer base by promoting your sweep programs. Through the Marketing Portal, your bank can customize, print, and ship marketing materials. These materials will help raise awareness of your bank's cash sweep program, generate business from all customers looking for a sweep solution, and help grow balances at your bank. Login to the Marketing Portal.
For more information about Reich & Tang's deposit and liquidity solutions, contact us at 866-237-2752 or clientsupport@rnt.com.