New York, New York – Reich & Tang Deposit Networks, LLC (R&T) is pleased to announce the appointment of Dean DeVos as Managing Director of Banking & Trust Services. Mr. DeVos brings over 30 years of executive banking experience and proven leadership skills.
Prior to joining R&T, DeVos worked at American Bank & Trust, Great Western Bank, First Bank & Trust and Marquette Banks. He spent much of his successful career growing the banks’ balance sheets while managing the risks, liquidity and capital. He also helped develop several new bank products and services for his clients over the years, including complex deposit and funding solutions.
“Dean is a passionate and forward thinker who embraces Reich & Tang’s long tradition of providing superior service to our clients and partners,” stated Jason Blair, Executive Managing Director, Reich & Tang. “He is a great addition to our team and will prove to be a trusted resource to our clients”
Mr. DeVos holds Bachelor of Science degrees in Economics and Agribusiness from South Dakota State University and has been involved with ALCO programs nearly his entire banking career.
About Reich & Tang
R&T is a leading fintech liquidity specialist, providing deposit, balance sheet and cash management solutions to US banks and other financial institutions. Reich & Tang provides a complete suite of bespoke liability solutions to our network of banks around the country. Reich & Tang’s FDIC-insured cash sweep programs offer competitive rates and cash security through our sponsoring banks, broker-dealers, trust companies, and clearing platforms.
Reich & Tang ensures ease of use by streamlining technology with an unyielding focus on client partnerships. Serving as consultants to clients allows R&T to develop flexible solutions to meet the deposit, liquidity and investment needs of any organization. To learn more, visit www.reichandtang.com, or follow us on LinkedIn.