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R&T Deposit Solutions Supports Community Banks with a Bankers Helping Bankers Premier Sponsorship

March 5, 2024

AUSTIN, TX – MARCH 5, 2024 – ​Bankers Helping Bankers (BHB) is thrilled to welcome R&T Deposit Solutions as the latest Premier Sponsor! Their decision to step into the forefront as a premier sponsor signifies not just a financial backing but a genuine passion for driving positive change. This announcement is a resounding testament to R&T Deposit Solutions’ commitment to supporting community banks and ensuring their success in serving their communities and beyond.

Bankers Helping Bankers has an unwavering commitment to promoting synergy among community banks and this dynamic collaboration sets the stage for an inspiring journey towards empowering community banks and fostering economic growth.

“R&T Deposit Solutions embodies the spirit of community collaboration that defines BHB’s mission. With their support, we’re not just strengthening community banks; we’re building a foundation for lasting positive impact on local economies.” – Dave Mayo, Founder of Bankers Helping Bankers.

“Our partnership with BHB is a natural fit because we both believe in empowering these vital institutions to thrive in an increasingly competitive marketplace”, explains Joe Jerkovich, President & CEO at R&T. “Our cutting-edge technology not only levels the playing field but also simplifies the process, making it accessible for community banks to harness the power of innovation and compete alongside larger counterparts.”

This renewed alliance is not just a financial boost but a vibrant testimony to the shared values of both organizations. R&T Deposit Solutions’ sponsorship will play a pivotal role in fueling the expansion of Bankers Helping Bankers’ initiatives, ensuring that community banks receive the support they need to thrive in an ever-evolving financial ecosystem.

About Bankers Helping Bankers
Bankers Helping Bankers (BHB) is a bankers-only social platform for collaboration and education. Through data tools and dynamic user groups, BHB provides community bankers with a knowledge base focused on bank technology and emerging Fintech companies, as well as hot topics such as cryptocurrencies, banking-as-a-service, becoming a sponsor bank, and launching a direct digital brand. The BHB ecosystem includes access to capital, executive support with access to experts, a roadmap to navigate financial technology integrations, a direct connection to Fintech sponsor banks and a marketplace of community bank customers. It is the most complete end-to-end ecosystem for community bank-supportive technology companies. The BHB platform is free for bankers, reaching 75% of U.S. banks. For more information, visit: bankershelpingbankers.com.

About R&T
Founded in 1974, R&T Deposit Solutions provides deposit funding, liquidity management and securities-based lending programs to the financial services industry. Through its tech-enabled services, R&T helps banks and other financial institutions meet their unique cash sweep, deposit funding, and securities-based lending needs. As a recognized leader in the administration of deposit networks, the Demand Deposit Marketplace® (DDM®) program administered by R&T provides banks with access to billions of dollars in reciprocal deposits, and for their underlying customers, access to expanded levels of FDIC insurance coverage on their deposits through other participating banks in the program. For a list of banks in the networks administered by R&T, visit http://rnt.com/about/bank-lists/. 

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Melissa Kaiser
Director, Marketing

  • 1-212-830-5242
  • mkaiser@rnt.com

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R&T Deposit Networks, LLC, R&T Deposit Marketplace, LLC, R&T Deposit Solutions, LLC and R&T Deposit Programs, LLC (each d/b/a R&T Deposit Solutions), each a Delaware limited liability company, (together, “R&T”) provide administrative, recordkeeping, and/or other services to banks, credit unions, trust companies, wealth management firms, broker-dealers and other institutions with respect to deposit placement and sweep programs, including the Demand Deposit Marketplace® (DDM®), Certificate of Deposit Marketplace Exchange℠ (CDMX℠) and R&T Insured Deposits℠ (RTID®) programs, as well as other services. An affiliate of R&T, Stable Custody Group II LLC (“Stable”), acts as agent of participating sending institutions under the DDM and CDMX programs.  R&T and Stable, together, “we”, “us” or “our”.  All of our services are provided subject to the terms and conditions of the written agreements and/or agency appointments between us and our clients with respect to those services, and we provide no representations or warranties, express or implied, except as expressly set forth in those written agreements and/or appointments. Click here for our legal and other disclosures. We are not an FDIC or NCUA-insured institution. FDIC insurance only covers the failure of an FDIC-insured institution. NCUA insurance only covers the failure of an NCUA-insured institution.  Certain conditions must be satisfied for FDIC and NCUA pass-through deposit insurance coverage to apply. Click here for a list of the FDIC and NCUA-insured institutions with which R&T has a direct or indirect business relationship for the placement of deposits under the DDM, CDMX, and RTID programs, and into which a participating institution may place deposits (subject to the terms of those programs and any opt-outs by the participating institution and/or its customers).  While the DDM, CDMX, and RTID programs provide access to an expanded level of FDIC or NCUA deposit insurance coverage on funds placed into the programs (subject to program terms and applicable laws, regulations and guidance, including pass-through insurance coverage requirements), the DDM, CDMX and RTID programs, themselves, as well as our other service offerings, are not insured or guaranteed by the FDIC or NCUA, are not deposits, and may lose value. We are not an affiliate of an FDIC or NCUA-insured institution, we are not an office, division, or sub-division of the FDIC or NCUA, and we are not associated with the FDIC or NCUA or office, division, or sub-division thereof. For more information about us, please visit our website at http://www.rt-deposit-solutions.local. The primary objective of the DDM, CDMX, and RTID programs is to provide customers with convenient access to expanded deposit insurance coverage on their funds (and not for investment enhancements, higher rates of returns or profits). R&T®, Reich & Tang®, Demand Deposit Marketplace®, DDM®, DepositView® and RTID® are registered marks of R&T Deposit Networks, LLC. CDMX℠, R&T Fusion℠ and Fusion by R&T℠ are pending marks of R&T Deposit Networks, LLC. IDEA℠ and Certificate of Deposit Marketplace Exchange℠ are unregistered service marks of R&T Deposit Networks, LLC.

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