In 2022, Total Bank Solutions and Reich & Tang Deposit Solutions completed a successful business combination and have rebranded the firm as R&T Deposit Solutions (“R&T”). The new brand represents the union of two industry leaders with a strong and unified platform and commitment to deliver innovative solutions designed to meet the evolving needs of their clients. R&T offers a wide range of innovative tech-enabled services to help banks, credit unions, trust companies and wealth managers meet their unique cash sweep, deposit funding and securities-based lending needs. Through its Demand Deposit Marketplace® (DDM®) Program, R&T provides banks and other depository institutions with access to millions in reciprocal deposits, and underlying customers with access to expanded levels of FDIC insurance on their deposits through participating banks. R&T is also the trusted vendor of large broker dealers and other financial institutions that administer their insured cash sweep programs.
Please connect with us on our new page: https://www.linkedin.com/company/rnt-deposit-solutions/
For important information and a list of banks in our programs, visit https://www.rnt.com/about/bank-lists/
Industry
Financial Services, Banks & Financial Services
HQ Location
Three University Plaza
Suite 605
Hackensack, New Jersey 07601, US
Keywords
Insured Deposit ProgramsBank AnalyticsDeposit fundingFinancial TechnologySecurities-Based LendingSBLOCSecurities-Based Lines of Credit