Pub. 7 2018 Issue 7

MOST RECIPROCAL DEPOSITS NO LONGER BROKERED Most reciprocal deposits are no longer considered brokered deposits under recently passed legislation, the Economic Growth, Regulatory Relief, and Consumer Protection Act. Now your bank can add even more of these traditionally stable, relationship-based deposits to its balance sheet; expand its customer base; and use the full amount to invest in the local community. Learn how to start growing today! Contact Patrick Melland, Regional Director, at pmelland@promnetwork.com or (866) 776-6426, ext. 3422. NEW LAW PASSED Reciprocal deposits are a win-win for banks and the communities they serve. To learn more, visit www.promnetwork.com/no-longer-brokered .