The first fully integrated and API-driven deposit network
Reduce interest expense, grow net interest margin, and operate more efficiently with ModernFi’s platform. ModernFi is the only deposit network to fully integrate into digital banking, expose APIs, and provide software to eliminate friction for your customers and remove operational burden for your team.
A deposit command center for your team
Sweep, reciprocate, and receive deposits with ease through ModernFi’s software and APIs. Eliminate unnecessary paper, emails, and phone calls.
A frictionless digital experience for your customers
Attract large-value depositors with a modern digital experience and access to extended deposit insurance*. ModernFi integrates directly into your existing digital banking platform.
Truth in Numbers
12% stronger deposit growth at banks that utilized sweep and reciprocal deposits in 2023 compared to those that did not.
Source: FFIEC Call Reports