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Citizens Bank and Trust Company Case Study
 PUBLIC FUNDS SUCCESS STORY: "Because of CDARS, we have been able to shift millions out of lower yielding repurchase agreements and pledgeable investments into higher return investments or loans. We have become more rate competitive, which helps us gain more market share and it provides a higher return for our public fund or repurchase agreement customers. We are a community bank, so we strive to offer products that are good for our overall communities, not just what is good for the Bank. It's a win-win for us and our customers."
--Bill Young, Chairman, Citizens Bank & Trust City First Bank of D.C.
COMMUNITY DEVELOPMENT BANK SUCCESS STORY: "Prior to CDARS, the strict investment policy requirements of many of our socially motivated investors, non-profits, foundations, and public agencies prevented them from putting more than $100,000 in our bank without full collateralization. CDARS changed all that. We are able to accept much larger deposits now and we can use them to fund loans that benefit the communities we serve."
-- Ann Scoffier, Vice President of Resources, City First Bank First Niagara Bank, Niagara, NY
CDARS LEADER SUCCESS STORY: Designating a CDARS leader is a highly successful strategy used by a number of Network Members.
First Niagara identified the right leader from the start. This CDARS leader single-handedly brought to the bank more than $100 million in CDARS deposits in less that two years.
Wauchula State Bank, Wauchula, FL
EMERGENCY FUNDS MANAGEMENT SUCCESS STORY: As Wauchula's deposit base grew from the influx of Hurricane Charley rebuilding dollars, the bank began offering its excess liquidity to other Network Members using One-Way Sell. By doing so, the bank was able to accept the increased level of deposits without hurting its balance sheet and at the same time earn higher levels of non-interest income. One-Way Sell also allowed the bank to step up and meet the financial needs of its most important base of depositors - the agricultural sector - at a moment of dire need, building loyalty and strengthening an important relationship.
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