pill left background

Logicpath Insights

Learn more about the latest industry best practices, news, and topics with a fresh perspective inspired by logicpath’s technology and innovation.

Why Deposit Reclassification is Important to Financial Institutions

Deposit Reclassification is important to community banks and credit unions, especially in a rising interest rate market, because it allows them to reclaim your Federal Reserve balance, and invest that money into your institution and community.
Read More

When Should I Implement Deposit Reclassification?

A FIs motivation to implement deposit reclassification depends on costs vs benefits. Implementing Deposit Reclassification makes sense at all times, but is even more important when interest rates are rising and expected to continue to rise, when deposits increase, or before mergers or acquisitions.
Read More

Working Together - Regulation D and Deposit Reclassification

Deposit Reclassification, also known as a retail sweep program, allows financial institutions to reduce their Federal Reserve Bank reserve requirement.
Read More