Your NBID Network Update: November 2026
The NBID network continued its rapid expansion last month. Here's your recap on October's network growth, activity, and market developments.
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Members
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Onboarded
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Total Banks
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895
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385
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New Banks, Q3 2026
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137
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97
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New Banks, Oct 2026
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30
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36
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*Increase since last Network Update
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Real-Time Transaction Handling
The new release allows depositors at member banks to earn interest the same day they deposit funds, which has historically been missed by the T+1 processing performed by most providers. |
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Program Transitions
The new module streamlines moving your reciprocal book off a legacy provider, with guided steps, automated workflows, and full visibility into every account for your team and depositors. |
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Panelists from member banks shared why they moved to NBID, how they framed it to depositors, and why it was easier than expected.
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Why they moved
“The economics were important for us. This is critical to the success of Zions Bancorporation.”
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What changed for their team
“The access that I and other team members have into the system, it’s a night and day difference from what we had before. It’s so simple and easy to navigate.”
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How depositors reacted
“Their 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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| Watch The Full Recording |
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NBID is on the road in November and December. We’d love to connect in Michigan, and if you’d like to join us for dinner in Atlanta, email us at contact@nbid.com.
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Fed Holds Rates Steady, Two Officials Dissent in Favor of a Hike
On October 28th, the FOMC voted 10–2 to hold the federal funds rate at 3.75%–4.00%, following its September increase. Governor Lisa Cook and Cleveland Fed President Beth Hammack dissented, preferring another quarter-point hike. Ahead of the meeting, futures markets were pricing in a likely hike when the FOMC meets again on December 8th–9th. |
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Stablecoin Rulemaking Puts Bank Deposits in Focus
Agencies are working through GENIUS Act implementation, and on October 20th ICBA submitted comments on Treasury’s proposed rule for section 3, urging that final rules keep deposits inside the banking regulatory framework. ICBA research estimates that yield-bearing payment stablecoins could pull roughly $1.3 trillion out of bank deposits. |
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Fed Previews a Broader Definition of “Community Bank”
On October 6th, Fed Vice Chair for Supervision Michelle Bowman said the Board will consider later this year updating its fixed asset thresholds, with a built-in refresh every five years, along with broader changes to which institutions are treated as community banks (today, generally those under $10 billion in assets). She also announced a realignment of Fed supervision into five regions. |
*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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