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Collateralized Deposit Manager - A Complete Solution for Credit Union Public Deposit Collateralization

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Software Solutions for Financial Institutions

Grow Public Deposits at your Credit Union with confidence.

Collateralized Deposit Manager (CDM) is a fully compliant, cost-effective solution for managing public deposits. Stratman’s CDM solution handles all the laborious calculations and time-consuming reporting requirements – freeing your team up for more value-added activities.  CDM supports on-balance sheet growth of high-value public deposits in your community and beyond

 

Here are some of the features our customers boast about:

  • Allows you to attract and grow public deposit relationships without the costs of manual processes, compliance risk, private insurance, costly integrations, early cutoff limitations, and more.
  • Provides an efficient use of pledged securities.  Using fractional interest calculations, CDM is able to allocate portions of securities to collateralize the deposit balances (rather than the entire security).  So, you only pledge what is required.
  • Completes deposit balance collateralization in minutes using an on-premise file extract that works with every core provider.
  • Automatically produce, archive and deliver collateralized deposit confirmations to each public deposit relationship and your state/selected custodian.
  • Easily customize each public deposit relationship to comply with state regulations and with each public depositor’s requirements.
  • Set your own rates.

 

Here’s what some of our customers say about CDM:

 “What we like most about Collateralized Deposit Manager (CDM) is the ease of sending out monthly Collateralized Deposit Confirmations. Month-end statements are sent to all of our municipalities automatically. Prior to using this program, I was composing e-mails for each entity, attaching their specific statement, and sending each e-mail individually. The CDM solution saves me so much time by automating this monthly task.”

“Stratman’s CDM has made keeping track of our collateralized accounts so much easier.  I am able import data directly from a CSV file for securities as well as deposit accounts.  We no longer manually track which security is assigned to whom.”

“I have used Stratman Solution’s CDM solution for over 10 years and I couldn’t be happier.  The program is user-friendly and easy to navigate.  CDM has streamlined our daily processes, saving us a lot of time.  CDM has eliminated our spreadsheets and manual tracking.  Automated email notifications to our depositors are sent with a push of a button, making communication effortless.”

“My favorite thing about CDM is knowing that you guys are keeping us in compliance.  Not worrying about this is huge to me.”

 

Collateralized Deposit Manager serves: Banks & Credit Unions

How it works

Deployed on-premise (behind your firewall), Collateralized Deposit Manager eliminates data security concerns associated with sending member’s information outside your credit union, and avoids costly API implementations and limitations. Our solution imports data from any core system – automatically by using a daily batch file.

In a matter of seconds, the Collateralized Deposit Manager program allocates available collateral to deposit balances to secure those balances in excess of  NCUSIF limits.

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Stratman Sweep Manager for Credit Unions

Saved time, increased accuracy

As the leading industry solution for collateralizing public deposits, Collateralized Deposit Manager is guaranteed to save you time and win public deposit business. This solution’s beauty lies in its flexibility and scalability for credit unions nationwide. Additionally, its stand-alone nature allows it to work seamlessly alongside any core system. The result? Collateralization that is accurate, always compliant, uses your securities efficiently and only takes minutes.

Schedule a demo

Interested and want to see Collateralized Deposit Manager in action? Take a moment and schedule our free demonstration so you can see the product at work. Our team will walk through the features and interface with you, answering any questions along the way.

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