Brokered Deposits Policy
The purpose of this Brokered Deposits Policy Template is for a bank, credit union, fintech company, or other type of financial institution to supplement and expand upon the organization’s Asset, Liability, and Liquidity Management (ALM) Policy by addressing policies, procedures and processes related to the organization’s brokered deposits.
Table of Contents
- Purpose and Contents – Topic 1
- Policy Statement – Topic 2
- Definitions – Topic 3
- Solicitation and Acceptance – Topic 4
- Responsibility – Topic 5
- Waivers – Topic 6
- Interest Rate Restrictions – Topic 7
- Audit Policy – Topic 8
- Staff Training – Topic 9
- Retention of Documentation – Topic 10
This Brokered Deposits Policy Template (approximately 14 pages) is available to purchase from BankPolicies.com in Microsoft® Word format.
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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