Realizing savings from the bank-owned network just got easier
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Program Transitions
Realizing savings from the bank-owned network just got easier
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Program Transitions is a guided workflow that makes moving your reciprocal book to NBID a streamlined process for both bank teams and depositors.
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“[Depositors] money moved, they got logged in, and there was no feedback. It was just a non-event. We changed from one vendor to another. It was surprisingly easy.”
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Doug Ladenburger
Director of Treasury Management Services, Northrim Bank |
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Feature benefits
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1Signatures without the chase
With Click to Accept, NBID sends each depositor a secure, bank-branded link to review and accept their new terms online. Reminders and acceptance tracking are automated.
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2Large transitions, made manageable
Waves let you move depositors in controlled batches at your own pace, with full visibility into where every account stands.
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3Less work for your team
You can move signed depositors into bulk account opening, and progress updates as accounts are funded.
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Transition your reciprocal book today
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Member banks can get started with Program Transitions in the NBID Admin Portal or by reaching out to their Regional Director.
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| NBID LLC is not a bank. Deposit insurance covers the failure of insured institutions, not NBID. Deposits are placed at FDIC-insured network institutions in amounts designed to be eligible for pass-through insurance up to $250,000 per depositor, per institution, per ownership category. Certain conditions must be satisfied for “pass-through” FDIC deposit insurance coverage to apply. A list of participating banks appears at https://www.nbid.com/bank-list. |
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