- Reclaim up to 10% of your transactional deposits for reinvestment
- Permanently recover your Federal Reserve Bank balance
- Immediately impact your bottom line in less than 45 days with Deposit Reclassification
Chris Bond Chief Financial Officer
We see the value of Deposit Reclassification as twofold. First, our increased earnings are realized by having a zero reserve requirement at Fed and second, our operations staff no longer has to move money periodically to satisfy reserve requirements. In anticipation of a normalized rate environment, Deposit Reclassification makes great sense. We recommend this solution to any financial institution seeking a permanent increase in earning assets.