NBID is a bank-driven reciprocal deposit network.

Reciprocal deposits are a vital component of our country’s financial infrastructure, particularly among community and regional banks, supporting the competitiveness, scale, stability, and size diversity of the US banking system. Given the critical importance of reciprocal deposits, NBID is building a member-focused network where community, regional, and industry-leading banks and other insured depository institutions have a meaningful voice in shaping the future of deposit networks.

All participating depository institutions receive a membership interest in NBID.

Benefits of NBID Membership include:

• Alignment and oversight Participating depository institutions nominate and elect majority of NBID’s board of directors
• Significant cost savings for founding and early members Competitive pricing on usage for initial members
• Profit share A meaningful portion of NBID’s net profits are shared with members based on deposits placed through network
• Seamless technology A modern network that can be set up in parallel to your existing solutions