Improve Your Bank’s Liquidity by Receiving Additional Deposits
Intrasweep's Demand Deposit MarketplaceSM helps your bank improve its liquidity by receiving additional deposits from other banks as needed to fund loan demand.
Benefits to Your Bank
- Increase your bank's deposits when you have loan demand
- Diversify your bank's funding sources
- Enjoy a low-cost deposit gathering solution
- Turn the funding on or off as needed—your bank decides
How It Works
- On an as-needed basis, your bank determines if it has a need for additional deposits
- Deposits in an amount of your choosing are swept from network banks to your bank
- Your bank pays a fee for the deposits it wants—nothing more
- These additional deposits can shore up your bank’s balance sheet and fund loan demand