Reich & Tang Deposit Networks, LLC
Financial Services - New York, New York, United States
Reich & Tang Deposit Networks, LLC Employees
Reich & Tang Deposit Networks, LLC Details
Reich & Tang provides deposit, liquidity, and cash management solutions for banks, broker-dealers, investment advisors, institutional investors, and public entities. Since 1974, we have served the needs of our clients, and have enabled them to better serve their customers with the most innovative programs available. From our comprehensive nationally recognized funding programs for banks, to multi-million dollar FDIC-insured programs for the brokerage, advisory, trust, and public funds markets, Reich & Tang delivers high quality solutions to meet the short-term investment and deposit funding needs for your business and the clients and communities you serve. Copyright © 2022. Reich & Tang Deposit Networks, LLC. All rights reserved. Reich & Tang Deposit Networks, LLC and/or its affiliates ("R&T") provides administrative and/or other services to participating institutions for sweep programs (DDM® and RTID®), subject to R&T's agreements with those institutions. Visit https://www.reichandtang.com/about/bank-lists/ for a list of the banks and savings institutions with which R&T has a business relationship for the placement of deposits under those programs and into which a participating institution may place their (or their customers') deposits (subject to any opt-outs by that institution or a customer and subject to our agreements and terms and disclosures for those programs). R&T is not a depository bank and R&T's programs are not, themselves, FDIC-insured products. Under our programs, participating institutions may sweep their (or their customers') funds into deposit accounts at receiving institutions that are insured by the FDIC (subject to SMDIA limits, opt-outs and other program terms and conditions). Participating institutions' customers should contact their participating institution to receive the list of banks and other institutions into which the customers' funds may be placed pursuant to the program offered to them by their participating institution.
