Company profile

NBID

The bank-driven reciprocal deposit network

Industry
Financial Services
Employees
7
Headquarters
New York, NY
LinkedIn followers
717
Office locations
1

NBID company summary

NBID is a company in the Financial Services industry, headquartered in New York, NY. On LinkedIn the company has around 7 employees and 717 followers.

What technology does NBID use?

No technologies detected yet. Warmrank rechecks company websites on a rolling basis.

About NBID

NBID is the bank-driven reciprocal deposit network. Reciprocal deposits are a vital component of our country’s financial infrastructure, particularly among community and regional banks, supporting the competitiveness, scale, stability, and size diversity of the US banking system. Given the critical importance of reciprocal deposits, NBID is building a member-focused network where community, regional, and industry-leading banks and other insured depository institutions have a meaningful voice in shaping the future of deposit networks. NBID LLC is not a bank. Deposit insurance covers the failure of insured institutions, not NBID. Deposits are placed at FDIC-insured network institutions and are eligible for pass-through insurance up to $250,000 per institution. Certain conditions must be satisfied for “pass-through” FDIC deposit insurance coverage to apply. A list of participating banks appears at https://www.nbid.com/bank-list.

Where is NBID located?

NBID lists 1 location.

New York, NY, USHQ

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Frequently asked questions about NBID

What does NBID do?

NBID is the bank-driven reciprocal deposit network. Reciprocal deposits are a vital component of our country’s financial infrastructure, particularly among community and regional banks, supporting the competitiveness, scale, stability, and size diversity of the US banking system. Given the critical importance of reciprocal deposits, NBID is building a member-focused network where community, regional, and industry-leading banks and other insured depository institutions have a meaningful voice in shaping the future of deposit networks. NBID LLC is not a bank. Deposit insurance covers the failure of insured institutions, not NBID. Deposits are placed at FDIC-insured network institutions and are eligible for pass-through insurance up to $250,000 per institution. Certain conditions must be satisfied for “pass-through” FDIC deposit insurance coverage to apply. A list of participating banks appears at https://www.nbid.com/bank-list.

How many employees does NBID have?

NBID has around 7 employees on LinkedIn.

Where is NBID headquartered?

NBID is headquartered in New York, NY.

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