Build your deposit base. Enhance profitability.
Through the Insured Deposit Program from Total Bank Solutions (TBS), your institution receives a stable base of long-term deposits – at a level you determine – and an indexed cost from sources looking to provide the extended FDIC insurance that individuals, municipalities and corporations seek.
Our proprietary deposit management system provides an adaptable, flexible program for deposit acquisition that's:
- Cost-effective and comprehensive. While our program rates are comparable to other wholesale funding options, TBS' process is truly simple to manage. There are no marketing or account maintenance costs, collateral or membership fees.
- Integrated seamlessly into your existing systems. Our experienced team works with you to manage it all – from program set up and implementation to daily emails and account reconciliation.
- Compliant with all bank regulations. All compliance – including CIP, AML, tax reporting and statement processing – is handled by the source institutions. We have all the information that bank regulators and the FDIC require.
- Simple to manage. TBS is your single point of contact – whether you have multiple accounts or just one – so you'll always know who to call whenever you have a question or want to check on the status of any accounts.
- Diverse in geography and market segment. You'll receive balances from across the country and across market segments from a variety of sources – individuals, municipalities and corporations – to create a diverse deposit portfolio for your institution.
Create a stable deposit base for your bank without changing your operations.
An innovative solution whose time has come.
Put our innovative solution for creating stable, profitable deposits to work for your bank – and the bottom line – right now. To see if your bank qualifies for the Insured Deposit Program, contact the experienced professionals at Total Bank Solutions at 888-809-9600.