Power healthy deposit
growth and deepen
key relationships
ModernFi helps banks and credit unions attract large-value depositors, growing key
customer segments and lines of business
Target high-value individuals, institutions, and
industries by offering access to millions in
aggregate insurance across network institutions*
*A list identifying ModernFi / NBID network banks can be found here. ModernFi is not an FDIC-insured bank, and
deposit insurance covers the failure of an insured bank. Certain conditions must be satisfied for “pass-through"
FDIC deposit insurance coverage to apply. A list identifying ModernFi CUSO network credit unions can be found here.
Business Banking
Target business owners and entrepreneurs with cash reserves or payroll accounts by offering accounts with access to additional security as part of a business banking solution suite of products. Strengthen and deepen existing business banking relationships in order to increase share of wallet.
Government and
Municipal Deposits
Offer a trusted option for government entities, municipalities, and public agencies to securely manage their funds. Leverage your deep local ties and expertise to establish long-term relationships built on community engagement, trust, and reliability.
Nonprofits and
Charitable Organizations
Attract deposits from mission-driven nonprofit and charitable organizations who share similar values of community engagement and development. ModernFi can help you protect large donation accounts, transformational deposits, and impact investment funds at your community-oriented institution.
High-Net-Worth Individuals
Offer accounts with additional security as an attractive feature to high-net-worth individuals seeking safety and stability for their substantial deposits. ModernFi helps you bolster your value proposition as a relationship-first organization and help you compete for the largest depositors.
Wealth Management &
Financial Planning
Incorporate security and stability into a broader set of financial planning services, showcasing a comprehensive approach to wealth management and asset protection. Offering diversified products with a suite of wealth management services can help attract clients looking for comprehensive financial solutions from a trusted institution.
*A list identifying ModernFi / NBID network banks can be found here. ModernFi is not an FDIC-insured bank, and deposit insurance covers the failure of an insured bank. Certain conditions must be satisfied for “pass-through" FDIC deposit insurance coverage to apply. A list identifying ModernFi CUSO network credit unions can be found here.