- 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
Lynn Chase VP/Controller
We funded our Federal Reserve account to meet our reserve requirement, when we could have been using those funds to invest in higher yielding assets. By reducing our reserve requirement, we improved our liquidity position and overall efficiencies. The logicpath team was incredibly supportive from the beginning. They have a well-structured implementation plan that keeps the process moving. We were concerned about how our customers would react to the required disclosure letter, but the logicpath team prepared us to address any customer inquiries. They truly wanted to help us succeed. As a result, the implementation was smooth.