Brokered Deposits Policy
The purpose of this Brokered Deposits Policy Template is to supplement and expand upon a bank’s, credit union’s, or other type of financial institution’s Asset, Liability, and Liquidity Management (ALM) Policy by addressing policies, procedures and processes related to the Bank’s brokered deposits. See more information about this product below.
Brokered Deposits Policy
The purpose of this Brokered Deposits Policy Template is to supplement and expand upon a bank’s, credit union’s, or other type of financial institution’s Asset, Liability, and Liquidity Management (ALM) Policy by addressing policies, procedures and processes related to the Bank’s brokered deposits.
Table of Contents
- Purpose and Contents – Topic 1
- Policy Statement – Topic 2
- Capitalization Categories – Topic 3
- Responsibility – Topic 4
- Audit Policy – Topic 5
- Staff Training – Topic 6
- Retention of Documentation – Topic 7
Recent updates to this product:
FDIC Issues Final Rule on Reciprocal Deposits and Seeks Comments on Brokered Deposits and Interest Rate Restrictions
This Brokered Deposits Policy Template (approximately 6 pages) is available to purchase from BankPolicies.com in Microsoft® Word format for $75.00.
NOTE: The complete contents of this product are also included in the Asset, Liability and Liquidity Management Policy Template.
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When updates are made you will receive detailed information regarding why the product was updated and what has changed within the product in our Product Update Notification e-mail correspondence. This enables you to make an informed decision on whether to make any changes to the policy or procedure you implemented for your financial institution from the revised template.
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