NBID Network Update: September 2026
The NBID network continued its rapid expansion in September. Here's this month's growth, network activity, and market developments.
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Members
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Onboarded
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Total Banks
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865
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348
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New Banks, Q3 2026
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137
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97
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New Banks, Sept 2026
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62
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39
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*Increase since August 2026 Network Update
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Self-Service Depositor User Management
Depositors can now invite and manage their own users directly in the NBID Depositor Portal, with no action required from your team. The same user can be added across multiple depositor accounts without a support request. |
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Statements Now Available First Business Day
Depositor statements are now generated and ready on the first business day of each month, giving your team a full extra business day to reconcile and report before month-end deadlines. |
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The Future of Deposit Networks: How FIS and NBID Are Empowering Banks to Grow and Strengthen Liquidity
Deposit growth and liquidity management are top priorities for banks nationwide. Join banking, technology, and deposit network leaders from River City Bank, FIS, and ModernFi to explore how a bank-driven reciprocal deposit network can become a growth engine for your institution, and what the new 21st Century ROAD to Housing Act means for your deposit capacity. Wednesday, October 7 · 1 PM EST
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NBID is on the road in October. If you will be at the below, we would love to connect.
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Fed Raises Rates for the First Time Since 2023
On September 16th, the FOMC voted 12–0 to raise the federal funds rate a quarter point to 3.75%–4.00%, its first hike since July 2023. Chair Warsh said inflation isn’t yet convincingly back to target; the median projection implies one more quarter-point hike this year, with the FOMC next meeting October 27–28. |
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Agencies Propose Overhaul of Third-Party Risk Management Guidance
On September 11th, the OCC, Federal Reserve, FDIC, and, for the first time, the NCUA jointly proposed guidance to replace the 2023 interagency third-party risk management framework, taking a more principles-based approach that lets institutions scale oversight to each relationship’s materiality. It would also rescind the 2024 Community Bank Guide; comments are due on November 16th. |
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More Community Banks Eligible for 18-Month Exam Cycle
Section 903 of the 21st Century ROAD to Housing Act raised the asset threshold for the extended 18-month exam cycle from $3 billion to $6 billion, and on September 10th the FDIC, OCC, and Federal Reserve made it effective by interim final rule. ICBA estimates roughly 188 additional well-capitalized, well-managed banks now qualify; comments are due on October 14th. |
*NBID LLC is not a bank. Deposit insurance covers the failure of insured institutions, not NBID. Deposits are placed at FDIC-insured network institutions and are eligible for pass-through insurance up to $250,000 per institution. 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.
† As of 2026 Q2 FFIEC Call Reports.
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