Our Advisory Team

Michael Lydon is Chairman Emeritus of R&T Deposit Solutions.

Mr. Lydon is former partner of the firm, most recently serving as Chairman, and previously as Chief Executive Officer at R&T. He led the firm's expansion of offerings through the purchase of assets of three bank deposit products which served to reinforce R&T's position as a leading provider of FDIC cash management programs in the bank, broker-dealer, and institutional markets.

Prior to joining R&T in January 2005, Mr. Lydon held the position of Vice President with ADP Brokerage Processing Services (now Broadridge) and was responsible for investor communications and financial reporting.

Mr. Lydon has more than 25 years of experience in FDIC programs, Mutual Funds, Information Technology, and Operations in the Financial Services Industry.

Mr. Genereau serves as Honorary Bank Relationship Executive of R&T. For many years, Steve was responsible for identifying and growing relationships that support the firm’s deposit programs.

Mr. Genereau provided consultation to the nation’s largest financial institutions, community banks, and broker-dealers regarding innovative deposit solutions focused on profitability, regulatory compliance, and long-term planning. Mr. Genereau has been a featured speaker at national forums educating bank executives on the changing deposit landscape and how to develop long-term strategies to support banks’ funding needs through any market environment. R&T and our clients continue to benefit from his expertise and guidance in total balance sheet management, contingent liquidity planning, and diversified funding strategies.

Prior to joining R&T, Mr. Genereau served as Chief Deposit Officer of Double Rock Corporation, whose assets were purchased by Reich & Tang in January 2011. His prior experience includes executive roles at PrimeVest Financial Services, Inc., a subsidiary of ING, where he managed sales and operations, and focused on commercial and brokerage sweep and institutional cash investments.

Mr. Genereau received his B.A. in history from St. John’s University, Collegeville, Minnesota.