Thank you to all who participated in the IB Webinar Exclusive – Maximizing Liquidity with Reciprocal Deposits that occurred on October 9th. If you were unable to attend the webinar, it is available to listen to here.
Since the passing of S.2155, reciprocal deposits have emerged not only as an additional cost-effective tool to secure uninsured deposits alongside FHLB letter of credit and pledging collateral, but also as a means for improving “liquidity at the ready”. Listen to Reich & Tang’s EVP & Chief Investment Officer, Tom Nelson, to learn how to navigate the regulatory changes that make the deposit market more attractive to banks, and by extension, to their clients.
Tom Nelson will describe how your bank can thrive by better serving your entire customer base, even public funds, with millions in FDIC insurance while funding your balance sheet with attractive non-brokered deposits.