Wholesale Funding Solutions for Depository Institutions

Access Competitively Priced, Flexible Deposit Funding.

R&T delivers wholesale funding solutions that provide immediate, flexible, and collateral-free liquidity to depository institutions.

Sourced from a nationwide network of participating financial institutions, our funding solutions offer a powerful alternative to FHLB advances, Repos, Fed Funds, and brokered CDs. With our Demand Deposit Marketplace® (DDM®) and R&T Insured Deposits (RTID®) programs, you can diversify your deposit base, strengthen balance sheet stability, and access competitive pricing tailored to your institution’s needs.

DDM®

Demand Deposit Marketplace® Program

The DDM program is an automated daily cash sweep program that can help your institution achieve its funding needs by receiving deposits from a network of other sending institutions. The DDM program also allows your institution to better compete in a changing market environment by taking advantage of a multitude of pricing indices and term structures.

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RTID®

R&T Insured Deposits Program

The RTID program is a deposit sourcing program that enables participating institutions to grow and diversify their deposit base with third-party/wholesale funding from broker-dealers, clearing firms, and registered investment advisors.

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How It Works

For each of the DDM and RTID programs, the receiving institution opens a single omnibus account. If participating in both programs, two single omnibus accounts would be required. Other participating sending institutions, acting for themselves or as agent for their customers, sweep or place funds into those omnibus accounts.

Under the DDM program “Receive-Only” model and the RTID program, depository institutions become part of the R&T network of participating receiving institutions that can receive funds from other participating sending institutions that sweep or place their customers’ funds into the network to provide those customers with access to an expanded level of deposit insurance coverage on their funds.

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Program Advantages

Diversified Funding:

Enhance your financial resiliency by leveraging multiple sources to reduce concentration risk and stabilize funds.
Competitive Floating Rates:

Secure competitive interest rates that adjust automatically with Fed rate changes to avoid fixed-rate lock-in.¹
Hedge-Effective Indexing:

Align funding with indices like SOFR to maximize swap efficiency.
Balance Sheet Flexibility:

Maintain control over funding levels to manage your balance sheet more effectively.
Same-Day Funding:

Access immediate liquidity without experiencing the settlement delays of brokered CDs.²
No Collateral Required:

Obtain funding without pledging collateral, unlike Repo and FHLB advances.
Simplified Account Management:

Utilize a single omnibus account for each funding source to streamline monthly settlements and reduce administrative effort.
Relationship Approach:

Receive personalized service, responsive support, and fair treatment for institutions of all sizes.

¹ While interest rates obtained on funds placed at receiving institutions under the DDM and/or RTID programs may, under certain circumstances, outperform cash alternatives, such as money market funds, the primary objective of the DDM and/or RTID programs is to provide customers with convenient access to expanded FDIC insurance coverage on their funds (and not for investment enhancements or higher rates of returns or profits).

² Subject to R&T's cut-off times.

From Our Clients

“The sweep deposit program provides a diverse source of funding with flexibility around target balances to address our evolving funding needs over the years.”

Senior Vice President, Wholesale Funding & Liquidity
National Bank

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