| Deposit Reclassification
Sophisticated software algorithms allow client banks to re-classify transaction accounts that are subject to reserves. This frees up non-earning assets that can be re-invested. Using your most recent FR2900 Report we will provide a free analysis.
Key Highlights
• Onetime fee is very competitive and will be earned back within 6 months
• Client is provided with all necessary notification letters to the Fed and customers
• Training and implementation support provided
Capabilities
Our alliance provider was formerly a senior partner with Peat Marwick, and was responsible for the implementation of a re-classification program for the major mega-regional banks throughout the country.
Request Information regarding DEPOSIT RE-CLASSIFICATION program.
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