Trust Companies

The Leader in Trust Deposit Solutions.

Policy-aligned cash solutions with flexibility and scale.

R&T is the leading provider of insured deposit solutions for independent and bank-affiliated trust companies. Our solutions help empower trust companies to structure, place, and manage customer funds in ways that can help them meet their fiduciary obligations and their customer’s investment policy objectives¹, while offering competitive rates² and enabling affiliated institutions to retain valuable deposit relationships.

How R&T Creates Value for Trust Companies

Expand Eligible Cash Solutions

Work within the trust company’s fiduciary obligations and investment policy constraints while expanding the range of eligible cash solutions available to customers.

Maintain Control of Customer Funds

Keep customer cash within the broader banking relationship while retaining visibility into balances and determining how to place and manage funds.

Provide Liquidity Without MMF Constraints

Offer daily liquidity³ and competitive rates² with access to FDIC-insured deposits, without the structural limitations associated with money market funds.

Simplify Cash Management

Reduce your operational burden with integrated solutions that streamline reporting, reconciliation, and visibility across customer balances.

Liquidity Solutions for Trust Companies

The DDM® Program

A configurable deposit solution providing access to millions in expanded FDIC insurance coverage with daily liquidity³. Trust companies have the freedom to structure insured deposits in a way that helps them meet their fiduciary obligations.¹

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The CDMX® Program

A CD solution offering fixed rates, flexible maturities, and access to millions in expanded FDIC insurance coverage. Deliver insured CD options that support diversification and potentially better align with a customer’s investment policy objectives.

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See How the DDM Program Works

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See How the CDMX Program Works

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Why Trust Companies Choose R&T

As the leader in trust deposit solutions, R&T delivers the expertise, integrations, and operational flexibility trust companies need to manage complex cash requirements with confidence.

The Leader in Trust Deposit Solutions

R&T is the leading provider of insured deposit solutions for independent, bank-chartered and bank-affiliated trust companies.

R&T has designed programs, integrations, and workflows specifically for how trust teams operate, leveraging decades of experience working to help trust companies meet their fiduciary obligations and investment policy constraints.¹

The Leader in Trust Deposit Solutions

R&T is the leading provider of insured deposit solutions for independent, bank-chartered and bank-affiliated trust companies.

R&T has designed programs, integrations, and workflows specifically for how trust teams operate, leveraging decades of experience working to help trust companies meet their fiduciary obligations and investment policy constraints.¹

Solving Organizational Challenges for Trust Companies

Trust companies navigate fiduciary constraints, customer expectations, and operational demands every day. R&T helps simplify these challenges with deposit solutions that enable trust companies to align with their fiduciary obligations, investment policy constraints, workflows and customer needs.¹

Fiduciary Constraints on Cash Management

How trust companies deploy customer funds is often limited by their fiduciary obligations and investment policy requirements intended to preserve principal and maintain liquidity.

Over-Reliance on Money Market Funds

Customer cash often flows into money market funds or other vehicles outside the bank or trust company, limiting control over those balances.

Limited Access to Insured Deposit Capacity

Trust companies must balance large cash positions with insurance limits, making it difficult to protect customer funds at scale.

Operational Complexity of Cash Management

Managing cash across multiple accounts and institutions, and reporting requirements increases operational burden and limits efficiency.

Pressure to Deliver Competitive Solutions

Trust companies are under pressure to meet customer expectations for safety, liquidity, and competitive options.

Customer Cash Routed Outside the Institution

Banks with affiliated trust departments often route customer cash to external vehicles by default, missing an opportunity to retain stable funding within the broader banking relationship.

Fiduciary Constraints on Cash Management

Increase Eligible Options While Operating Within Policy.

Challenge

How trust companies deploy customer funds is often limited by customer investment requirements intended to preserve principal and maintain liquidity.

These constraints narrow the range of eligible cash solutions, often forcing institutions into a limited set of options that may not align with operational preferences or customer expectations.

Solution

R&T pioneered deposit solutions for the trust market with program structures and integrations designed to help support trust companies’ customer investment policy constraints and operational workflows.¹

Trust companies use the Demand Deposit Marketplace (DDM) and the Certificate of Deposit Marketplace Exchange (CDMX) programs to place customer funds into insured deposits and CDs across a network of participating institutions. Both programs may help trust companies to align with their fiduciary and customer investment policy requirements.¹

This approach expands the range of eligible cash solutions while enabling institutions to place and access funds in ways that remain consistent with investment policy requirements.

Benefits

Expand eligible cash solutions within customer investment policy constraints¹
Maintain liquiditywhile preserving principal
Align deposit structures with customer investment policy requirements¹
Direct how customer funds are placed and managed
Deliver insured cash options that can help meet customer expectations

Over-Reliance on Money Market Funds

Offer Alternatives. Keep Assets Within the Relationship.

Challenge

Trust companies often direct customer cash into money market funds to meet liquidity, safety, and investment policy requirements.

Placing funds outside of their organization can reduce visibility and limit the extent to which those balances support the broader relationship.

Solution

The leader in the trust market, R&T structures its programs and integrations with the flexibility to help trust companies meet their operational requirements, and we offer program structures that can assist our clients in managing the investment policy requirements of their customers¹.

Trust companies use the DDM and CDMX programs to offer insured deposit and CD alternatives to money market funds that can help them align with fiduciary requirements¹ and provide rates competitive with other cash alternatives².

R&T expands the range of eligible cash solutions available to trust customers and allows institutions to keep funds within the organization and determine how they are placed and accessed.

Benefits

Offer an insured and competitive alternative to money market funds²
Maintain control over customer cash within the institution’s broader organization
Provide customers with same-day liquidity and access³
Align cash solutions with investment policy requirements¹
Broaden how customer balances are structured and managed

Operational Complexity of Cash Management

R&T Makes the Complex Simple.

Challenge

Managing cash across multiple accounts and institutions, and reporting requirements increases operational burden and limits efficiency.

Banks with trust powers, bank-affiliated trust companies and stand-only trust companies sometimes rely on manual processes, fragmented systems, and cross-platform reconciliations, making it difficult to maintain visibility into and control over customer balances.

Solution

R&T aligns its solutions with the operational workflows and settlement structures commonly used by trust companies, reducing the complexity of managing insured cash.

Trust businesses use the DDM and CDMX programs to place customer funds across a network of participating institutions while maintaining centralized visibility and management. Integrations with core processors and trust accounting platforms, along with APIs and reporting tools, provide real-time access to account activity and balances. Program structures and reporting workflows also can align with trust-specific settlement timing and operational calendars.

R&T programs reduce manual effort and streamline how trust businesses manage, protect, and reconcile customer funds.

Benefits

Reduce manual processes and operational burden
Centralize visibility across customer balances and activity
Simplify reconciliation and reporting workflows
Integrate with existing trust accounting and core systems
Improve efficiency in managing customer cash positions

Customer Cash Routed Outside the Institution

Keep Trust Deposits Working for Your Institution.

Challenge

Banks that have trust powers or affiliated trust departments manage significant customer cash balances. When those deposits default to vehicles outside the broader organization, the institution loses a valuable source of stable funding it could otherwise leverage to support liquidity and funding objectives.

Solution

R&T solutions help institutions retain trust deposits without compromising the customer experience. The DDM program places customer funds across a network of participating institutions while keeping the originating deposit relationship intact. Reciprocal options allow eligible affiliated banks to receive deposits back through the network, turning trust cash management into a stable, cost-effective source of funding.

The result works for both sides: customers receive competitive rates² and access to expanded FDIC insurance coverage, and the institution retains the deposit relationship.

Benefits

Retain customer deposits rather than routing them to external vehicles
Turn trust cash management into a source of stable institutional funding
Use reciprocal deposits to support stable funding and liquidity objectives
Deliver competitive rates² and access to expanded FDIC coverage to customers
Better align trust operations with broader institutional goals

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1 R&T does not act in a fiduciary or trustee capacity with respect to the DDM, CDMX, and RTID programs (the “Programs”) and makes no representations or warranties that the Programs satisfy any investment policy or other requirements for participating institutions. R&T does not represent that the Programs enable participating institutions to meet their own fiduciary or other obligations or duties. Participating institutions are solely responsible for complying with all such policies and requirements, as well as any other applicable laws or regulations governing the deposit of specific types of funds into the Programs (e.g., qualified retirement funds, free credit balances of brokerage institutions, escrow funds). R&T makes no representations or warranties that the programs comply with any such laws, except to the extent expressly set forth in the written agreements entered into between R&T and the participating institution.

2 While interest rates obtained on funds placed at receiving institutions under the DDM, CDMX, and RTID programs may, under certain circumstances, outperform cash alternatives, such as money market funds, the primary objective of the programs is to provide customers with convenient access to expanded deposit insurance coverage on their funds (and not for investment enhancements or higher rates of returns or profits).

3 Under the DDM program, funds are deposited into demand deposit accounts (DDAs) or money market deposit accounts (MMDAs) at receiving banks or share draft accounts or share accounts at receiving credit unions. While your customers’ funds are held in MMDAs or share accounts, the return of your customers’ funds from the DDM program may be delayed as, under federal regulations, the receiving institution is permitted to impose a delay of up to seven days on any withdrawal request from an MMDA or share account.

From Our Clients

“By partnering with R&T, we have been able to design customized solutions to meet the unique cash sweep needs of our family office, trust, custody, and corporate trust customers, providing both competitive rates and access to expanded deposit insurance coverage.”

Vice Chairman
Florida-Based Trust Company