Grow your public deposit relationships with confidence.
Collateralized Deposit Manager is an effective and efficient way to manage deposit relationships with municipal and other governmental agencies that require collateralization of deposits. Our solution supports the on-balance sheet growth of high-value public deposits in your community and beyond.
Here are some of the features our customers boast about:
- Sets your rates and keeps your institution’s public deposit relationships on your balance sheet without the costs of manual processes, compliance risk, private insurance, cutoff limitations and more
- Uses your securities most efficiently by allowing them to be split between depositors
- Completes public depositor balance collateralization updates in minutes each day using an on-premise file extract that works with every core provider
- Automatically produces, archives and delivers collateralized deposit confirmations to custodians and customers
Collateralized Deposit Manager serves: Banks & Credit Unions