Pub. 13 2018-2019 Issue 3
MOST RECIPROCAL DEPOSITS NO LONGER BROKERED Recently passed legislation—the Economic Growth, Regulatory Relief, and Consumer Protection Act—makes most reciprocal deposits no longer brokered. This means more deposits in local banks that can be used for local lending, bank growth, and community prosperity. So your bank can grow more easily; attract even higher amounts of stable, relationship-based funding; and have even more low-cost funding available for local lending. Start your journey today. A win-win for banks and the communities they serve To learn more, visit www.promnetwork.com/no-longer-brokered .
Made with FlippingBook
RkJQdWJsaXNoZXIy OTM0Njg2