- 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
Michele Schuh Finance Director
First National Bank Alaska is quite familiar with Regulation D sweep arrangements and the benefits they provide to our balance sheet by significantly reducing our reserve requirement. The bank through its years of use has been able to redeploy its once idle reserve balances into other revenue producing investments and loan portfolios. When we needed to make a change to our existing program due to lack of support, we made a decision to entrust logicpath and their Deposit Reclassification program. logicpath's expertise, dedicated support and industry tenure give First National Bank Alaska confidence that we will continue to reap the benefits of this program well into the future.