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Board Letter · 2025–2026
NBID Board of Directors One-Year Network Update
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“The value of a reciprocal network has always been the banks themselves. NBID exists so member banks can benefit from the network they power.”
The NBID Board of Directors
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We are writing on behalf of the NBID Board of Directors following our Q2 2026 board meeting, held on July 29th, 2026. This letter also marks a major milestone: roughly a year has passed since we launched NBID to serve as the bank-owned reciprocal deposit network. One year later, we are proud to share this recap with our current network of 775+ member banks across the United States, as well as every bank that is in process or considering joining NBID. NBID’s bank list can be found here.
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