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Great Lakes Banker Magazine – March 2024

April 1, 2024

See Our Cover Story on Reciprocal Deposits: Driving Growth and Confidence

Kevin Bannerton discusses how reciprocal deposits offer banks a strategic advantage in managing liquidity and balancing their balance sheets amidst market uncertainties. By participating in reciprocal deposit programs, banks can access additional funding sources, reduce uninsured deposits, and provide customers with expanded FDIC insurance coverage.