ModernFi helps banks grow, retain, and manage their deposits. Through ModernFi + Q2, banks can offer insured sweep accounts to attract and retain large-value depositors. ModernFi’s sweep program lets banks provide extended insurance to depositors through program banks, sweep excess liquidity, and source funding. ModernFi's Q2 integration powers frictionless onboarding and operations for depositors and banks, unlocking the full potential of sweep / reciprocal products and driving deposit growth.
Features & Benefits
Attract and retain deposits
Offer frictionless insured sweep accounts to attract large-value depositors and drive deposit growth
Improve the stability of your funding
Increase the amount and ratio of insured deposits at your bank through ModernFi's sweep and reciprocal program
Eliminate friction for your high-value depositors
Take advantage of ModernFi's Q2 integration to streamline onboarding and management of sweep accounts for key clients
Reduce operational burden for your ops team
ModernFi's Q2 integration automates depositor onboarding and account + program management, eliminating manual processes