Reich & Tang Deposit Networks, LLC (R&T) is pleased to announce the appointment of Ward Rice as Managing Director, Banking & Trust Services. Mr. Rice brings over 20 years of banking experience and leadership skills.

Prior to R&T, Ward was a Business Development Officer and Relationship Manager with the Correspondent Banking Group at Wells Fargo; a Director at SunTrust Robinson Humphrey, a Director at Hovde Group and most recently in Capital Markets & Funding with CU Capital Market Solutions serving financial institution clients.

“We are thrilled to add Ward to our growing team as we continue to provide outstanding service in the southeast market with top-quality talent,” stated Jason Blair, Executive Managing Director at R&T. “Mr. Rice is a great addition to our team and an experienced and reliable resource to our clients”

Mr. Rice holds a Bachelor of Arts degree in Economics from Wake Forest University and enjoys golfing and travel.

About R&T:

Reich & Tang (R&T) provides balance sheet and cash management solutions to US banks and other financial institutions. We provide a complete suite of bespoke liability solutions to our network of banks around the country. Our FDIC-insured cash sweep programs offer competitive rates and cash security through our sponsoring banks, broker-dealers, trust companies, and clearing platforms.