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    ICS for Banks

    One Service, Multiple Benefits

    Watch a brief overview video

    To support their efforts to grow franchise value and increase profitability, banks use ICS®, the Insured Cash Sweep® service, to


    ICS is a Flexible Balance Sheet Management Tool for Banks

    Regardless of a bank’s liquidity position, ICS can help. Discover the balance sheet flexibility each ICS option affords.

    ICS Reciprocal—Attract high-value relationships and keep deposit funding on balance sheet (a new law provides that most reciprocal deposits are nonbrokered, making reciprocal deposits an even more desirable funding option).

    ICS® One-Way Sell®—Attract high-value relationships and sell deposits (just the funds, not the customer relationship) for fee income.

    ICS® One-Way Buy®—Cost-effectively purchase funding (excess deposits from other banks) with no collateralization requirements.

    ICS Offers Choice graphic depicts flexible options for balance sheet management. Reciprocal attracts deposits and keeps deposit amounts on balance sheet. One-Way Sell attracts deposits and sells the excess to other banks. One-Way Buy buys cost-effective, wholesale funding from other banks.

    Integration is available through all major core processors

    ICS Core Processors

    100 percent Member Satisfaction shield

    High Marks for Insured Cash Sweep

    In a recent survey of Promontory Network members conducted with help from a third-party provider, more than 80% of respondents identified ICS as “key” to their growth. What’s more, 100% of respondents said they were satisfied with their ICS experience (with 99% reporting above-average satisfaction).

    In addition, ICS is endorsed by the American Bankers Association and enjoys strategic marketing alliances with key trade associations across the country.

    And, bankers and depositors report positive experiences with ICS.

    ICS Reciprocal ICS One-Way Sell ICS One-Way Buy

    Use of the ICS service is subject to the terms, conditions, and disclosures set forth in the CDARS-ICS Participating Agreement and the applicable Deposit Placement Agreement. Limits and customer eligibility criteria apply. Program withdrawals are limited to six per month when using the ICS savings option. ICS, Insured Cash Sweep, One-Way Sell, and One-Way Buy are registered service marks of Promontory Interfinancial Network, LLC.