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Copyright © 2023 Reich & Tang Deposit Networks, LLC. All rights reserved. Reich & Tang Deposit Networks, LLC, Reich & Tang Deposit Solutions, LLC, Stable Custody Group II LLC and/or their affiliates (together, “R&T”, “us” or “we”) provide administrative, recordkeeping and/or other services to banks and other financial institutions (“participating institutions”), including with respect to sweep and other programs we administer, including Demand Deposit Marketplace (DDM®) and Reich & Tang Insured Deposits (RTID®). All of our services are provided subject to the terms and conditions of the written agreements entered into by us with respect thereto, and we provide no representations or warranties, express or implied, except as expressly set forth in those agreements. We are not a depository, bank or credit union and the sweep and other programs we administer are NOT, themselves, FDIC-insured or NCUSIF-insured products. Rather, under the sweep and other programs we administer, a participating institution can sweep its (and/or its customers’) funds to and/or from deposit accounts at receiving banks or institutions that are insured by the Federal Deposit Insurance Corporation (“FDIC”) and/or National Credit Union Share Insurance Fund (“NCUSIF”) for up to the current standard maximum deposit insurance amount (“SMDIA”) of $250,000 per eligible depositor, per receiving institution, for each ownership capacity or category, including any other balances the depositor may hold at that receiving institution directly or indirectly through other intermediaries, including broker-dealers. FDIC and NCUSIF insurance coverage is only available to protect a depositor against the failure of a participating FDIC or NCUSIF-insured bank or other institution (and not to protect against the failure of R&T or other party). Click here for a list of the banks and savings associations with which we have a business relationship for the placement of deposits under the sweep and other programs we administer, and into which a participating institution may place deposits (subject to the terms of those programs and any opt-outs by the participating institution and/or their customers). Participating institutions’ customers should contact their participating institution to receive the list of banks and other institutions into which the customers’ funds may be placed pursuant to the particular program offered to them by their participating institution. The services we provide with respect to the sweep and other programs administered by us are primarily designed to provide administrative convenience for our financial institution clients to offer expanded FDIC insurance on customer funds. The services we provide with respect to the sweep and other programs administered by us are primarily designed to provide administrative convenience for our financial institution clients to offer expanded FDIC insurance on customer funds. The services we provide are not designed to provide customers with investment enhancements, or higher rates of returns or profits on their funds. Demand Deposit Marketplace®, DDM®, RTID®, Reich & Tang® and R&T® are registered marks of Reich & Tang Deposit Networks, LLC.