A bank deposit cash sweep solution for the trust and wealth management industry.
Built upon our strategic partnerships with leading global financial institutions, proven proprietary processes and growing network of stable deposit banks, this innovative solution enables you to easily and profitably provide the extended FDIC insurance coverage that individuals, municipalities and corporations seek.
Participation in the TBS Insured Deposit Program provides the following benefits:
With TBS, you can customize how much insurance your customers receive.
Your customers have immediate access to their cash, with same day settlement.
Opportunity for greater coordination for intermediaries with an affiliated bank.
Enjoy greater income opportunities for you and your clients.
TBS’s Insured Deposit Program is a proven solution to money market reform.
Our Insured Deposit Program was designed to accommodate all account types.
Extended insurance and competitive yields in one profitable solution.
Leveraging our proprietary deposit management system, the funds are allocated throughout the TBS deposit network of more than 100 well-capitalized, qualified banks.
There is no minimum investment required and our Insured Deposit Program makes it easy for you to offer the extended insurance coverage to meet your clients’ needs – and impact your bottom line.
You also get real-time access with DMS Navigator – our proprietary deposit management dashboard tool that provides you with the information you need, anytime.