Stable Funding

Your bank can sign up for our Stable Funding, tell us your target level of funding and we will start to move deposits to your bank. Banks can quickly access millions of dollars in deposits with a single Money Market Account. Our funding program is non-maturity, you keep the funds as long as you wish and push them back when you no longer need the funds.

For over 10 years, Charity Deposits Corp. has provided community banks with this innovative and efficient way to gain access to a consistent, reasonably priced source of money market funds through our Deposit Network®. We specialize in offering a money market deposit program as both an investment and funding vehicle for financial institutions that want to use our Deposit Network®.

Banks can now purchase large deposits, giving them the security they are looking for while having the access and convenience of a traditional money market account.

Some of the benefits include:
  • Long-Term Reliable Funding
  • Over 93% Retention Rate
  • No collateral required
  • Lower your cost of funds
  • Allows you to diversify your funding sources
  • No long-term commitments, no start-up, maintenance or annual fees
  • A perfect solution for your Contingency Funding Plan 

Special Contingency Funding Plan Account Program

Recently, we have had banks inquire with us because they are developing and/or updating their Contingency Funding Plan (CFP). As a result, we are now offering banks the ability to simply fund their CDC Funding Account with a very minimal deposit of $10,000.

This allows the bank to document our funding program and it demonstrates that the bank has tested the program as well. We just require a minimum deposit of $10,000; you may elect to deposit more, but we realize many banks are flush with deposits.

Please click here if you are interested to learn more about the CFP Account or if you would like to receive our Sample CFP document to assist you with your CFP planning process.

Custodian: Wells Fargo Bank, N.A.

The custodian of the program includes Wells Fargo Bank, N.A., the largest financial institution headquartered in the western U.S.

Regulatory Compliance: This funding is considered a brokered deposit, thus all participating banks must be well capitalized.

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