|
On July 11, 2026, the 21st Century ROAD to Housing Act became law, a landmark win for community and regional bank funding that raises the reciprocal deposit cap to as much as 50% of total liabilities and, for the first time, lets well-capitalized banks under $10 billion in assets treat custodial deposits as core, non-brokered funding. NBID is the first reciprocal deposit network owned and governed by the banks that use it, and since 2025, more than 740 banks have joined (nbid.com/bank-list). NBID provided a detailed overview about exactly what the new law means for your institution and why this technology should be bank owned.
|
