The size and scale of IntraFi’s network works to your advantage – it connects nearly 3,000 U.S. financial institutions. Each participating network bank has access to tens of billions of dollars in deposit funding, distributed through brokerage sweep and deposit account programs. Network banks’ funding appetite helps increase demand for your customers’ funds, enhancing your firm's profitability.
With IntraFi®, investment firms can...
Control Fee Revenue
Realize cost savings when your firm replaces more cumbersome and expensive services with IntraFi offerings and gain better control over pricing and margins. Our services connect nonbank financial firms with our large network of banks, ensuring the banks obtain the highly diversified funding they seek and eliciting a premium price.
Attract High-Value Clients
Provide safety and security for large cash balances. We go beyond the capabilities and capacities of traditional sweep providers, offering brokerage firms and financial advisors support for full cash-management programs to fulfill large orders.
Fund an Affiliated Bank
With IntraFi’s reciprocal option, investment professionals can conduct traditional sweep programs at unprecedented scale and channel lower-cost funding to an affiliated bank, potentially helping the bank lower its liquidity requirements.
Augment CD Offerings
The IntraFi network enables brokerage firms to provide a unique, streamlined approach to placing customer funds in CDs, enabling high-dollar orders with a single click.
We’re the #1 insured deposit sweep provider
IntraFi’s value-added structuring experience helps financial institutions design sweep programs with superior economics and resilience in all market environments. Our scale enables us to serve accounts of all sizes, while our people ensure all clients are treated with meticulous care. IntraFi SweepSM enables firms to keep client cash balances safe while generating fee income in a highly regulated manner. It offers the largest funding and insured deposit capacities, the greatest reliability, as well as diversification opportunities that deliver value at scale.
Expanded cash management options can capture more business
Grow assets under management by offering ICS®, the IntraFi Cash Service®, and CDARS®. With ICS and CDARS, your clients work directly with just your firm to access tens of millions in FDIC insurance through IntraFi network banks for funds placed into demand deposit accounts, money market deposit accounts, and CDs. There are no floating net asset values, liquidity fees, or MMMF redemption gates. Your firm can also use IntraFi Yankee Sweep® and IntraFi RepoSM as alternative cash investment options for sophisticated institutional clients.
Trusted by thousands of banks nationwide, our comprehensive risk mitigation and controls are continually tested and recognized as best in class. IntraFi never has possession of client funds. It does not compete with brokerage firms or trust and wealth managers for customer relationships.
When deposited funds are exchanged on a dollar-for-dollar basis with other banks in IntraFi's network of financial institutions, your bank can use the full amount of a deposit placed through ICS and CDARS for local lending, satisfying some depositors’ local investment goals or mandates.
Deposit placement through IntraFi’s deposit placement services is subject to the terms, conditions, and disclosures in the program agreements. Limits apply and customer eligibility criteria may apply. ICS program withdrawals may be limited to six per month for money market deposit accounts. Deposits are placed at destination institutions in amounts that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”) at any one destination institution. Using multiple destination institutions provides access to aggregate insurance amounts across institutions that are multiples of the SMDIA. Although deposits are placed at destination institutions in amounts that do not exceed the SMDIA at any one destination institution, a depositor’s balances at the relationship institution that places the deposits may exceed the SMDIA (e.g., before settlement for a deposit or after settlement for a withdrawal) or be ineligible for FDIC insurance (if the relationship institution is not an insured depository institution). The depositor is responsible for making any necessary arrangements to protect such balances consistent with applicable law. If the depositor is subject to restrictions on deposits of its funds, the depositor is responsible for determining whether deposit placement through IntraFi’s services satisfies those restrictions. A list identifying IntraFi network banks may be found at https://www.intrafi.com/network-banks. The depositor may exclude particular insured depository institutions from eligibility to receive the depositor’s funds.