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