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    IND for Brokerage Firms

    Insured Network Deposits®, or IND®, is the #1 FDIC-insured deposit sweep service. The largest service in the industry (sized for millions of accounts and transactions), IND is a proven service, currently handling billions of dollars in daily balances.

    IND leverages the deep expertise of Promontory Interfinancial Network's senior management team, which includes individuals who have designed and implemented similar programs for nationally recognized firms. The service offers capacity and flexibility thanks to Promontory Interfinancial Network's extensive relationships with Promontory Network member banks.

    Why Top Brokerage Firms Choose IND

    Known for its technology leadership and high-touch customer service, IND helps brokerage firms to effectively protect customer funds while generating revenue.

    Using IND, brokerage firms can offer their customers a superior investment alternative—access to multi-million-dollar FDIC insurance via a multi-bank deposit sweep product. Brokerage firms can

    The Basics of How IND Works For Brokerage Firms

    When a brokerage firm chooses IND, the IND team works closely with the brokerage firm to create and manage a customized multi-bank program, sized to meet the brokerage firm’s needs with the ability to expand over time. With IND

    Read about a brokerage firm's experience with IND. To learn more, please get in touch with the IND team today.


    Discover How IND Pricing, Rate Tiering, and Bank Placement Options Foster Flexibility—Get Use Cases & Net Yield Comparison Chart