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Portfolio Deposits


Portfolio Deposits (Short-term)

This program allows banks to take in a portfolio of sub-$100,000 money market deposits through one master custodian to gain a flexible money market deposit. Amounts range from $1mm to $5mm with funds available in 24 hours if the order is placed before 1pm ET. Pricing is slightly higher than alternatives because of the flexibility that this program affords. For banks that no longer need the funds, they can be removed at anytime with 2-weeks notice.

Current Rate: Target Fed Funds + 55bp

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Tel: 877-777-0412
Fax: 415-391-1334
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