Advancing Communities Together Deposit Program

Keep Deposits Secure & Impact Communities in Need

The ACT^SM Deposit Program is a safe and convenient way to have a far-reaching impact in communities with unrealized potential across the United States.

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The Advancing Communities Together^SM Deposit Program, developed in cooperation with the Community Development Bankers Association (CDBA) and the National Bankers Association (NBA) with support from IntraFi, bolsters funding for community lending.

By depositing funds at Community Development Financial Institutions (CDFIs) and Minority Depository Institutions (MDIs) through ACT, you are helping finance the people and businesses that are creating economic opportunity in areas where cash is scarce. Funds placed with a participating bank will be used to make loans to local businesses and individuals while remaining eligible for millions in aggregate FDIC insurance across network banks through the IntraFi Cash Service®.

It’s simply the best way for investors to make a difference in local communities.

Through this new innovative program, depositors have a streamlined way to fund the activities of CDFI and MDI banks.

CDFI and MDI banks have placed $17.3 billion in deposits through IntraFi services as of June 2025.

ACT Program Benefits

Growth & Security

Keep large deposits safe with access to millions in aggregate FDIC insurance across network banks. Earn interest at the Program Rate, which is set by a committee of CDBA and NBA member CEOs, and revisited at least quarterly.

Simplicity

Generate broad community impact by working directly with just one (or more) participating banks.

Access

Access reports online, 24/7, that show balances, transactions, interest, and other important details associated with your deposits. Know the specific banks that have received your deposit, which lets you know the communities that can benefit from it.

Impact

Access community impact reporting. For larger depositors, access marketing data and resources illustrating impact, including borrower stories, a press release, inserts for annual reports, social media posts, etc.

The Challenges - Banks and Depositors

CDFI and MDI banks generally cannot gather large deposits from the lower-income communities they serve. The ACT Deposit Program was created with this in mind. It helps customers like you give banks support they desperately need, without forcing you to drop everything else on your agenda.

To grow meaningfully, CDFIs and MDIs must rely on large depositors who understand their missions and the impact they have on their communities. ACT helps bring you into the fold while providing easy access to the protection of FDIC insurance on their large deposits.

Keep large deposits safe with access to millions in aggregate FDIC insurance across network banks. Earn interest at the Program Rate, which is set by a committee of CDBA and NBA member CEOs, and revisited at least quarterly.

ACT Deposit Program - How It Works

The ACT Deposit Program operates within ICS®, the IntraFi Cash Service®, a time- and volume-tested service from IntraFi. The program is designed to provide funding to CDFI and MDI banks for community lending.

Choose one (or more) Program Banks to place a deposit. The bank(s) may keep a portion of the deposit to lend locally.

The other portion of the deposit is prioritized for placement at other Program Banks that are CDFIs or MDIs so those banks can use the deposits to lend in their communities.

21

States in which Program Banks are Headquartered

31

States with Program Bank branches

States with the largest Program Bank participation

86

Program Banks

49

CDFI

22

MDI

15

CDFI/MDI

Program Bank Headquarters

Rural

14

Micropolitan

20

Metropolitan

52

$

81

B

Total assets of program banks¹

$

474

M

Median asset size of program banks¹

Data represents the 86 banks participating in the program as of 3/20/2025, unless otherwise noted. [1] As of 12/31/2024.

Testimonials

The interest rate on the deposit is much better than an alternative we had been evaluating. We also wanted flexibility on the amount invested, so the $1-million minimum appealed to us. And another thing that is attractive about the program is if you needed access to the funding for some reason, you can bring the funds back at any time. All these factors were extremely attractive to our bank.

Eric Tichenor
Treasurer, MVB Bank

It’s important to us here at Southern Bank to give back, to help people in low- and moderate-income areas get the financing they need to buy homes and build businesses. And the ACT Deposit Program makes it so much easier for us to do that.

Stefan Chkautovich
Chief Financial Officer, Southern Bank

The ACT Deposit Program allows us to bring in deposits we wouldn’t otherwise get, and we use those deposits to finance mission-driven lending like affordable housing.

Vanessa Richardson
CFO, Central Bank

Find a bank that offers the ACT Deposit Program

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A list identifying IntraFi network banks can be found at www.IntraFi.com/network-banks.

Deposit placement through an IntraFi service is subject to the terms, conditions, and disclosures in applicable agreements. Deposits that are placed through an IntraFi service at FDIC-insured banks in IntraFi’s network are eligible for FDIC deposit insurance coverage at the network banks. The depositor may exclude banks from eligibility to receive its funds. To meet the conditions for pass-through FDIC deposit insurance, deposit accounts at FDIC-insured banks in IntraFi’s network that hold deposits placed using an IntraFi service are titled, and deposit account records are maintained, in accordance with FDIC regulations for pass-through coverage. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”) at any one bank, a depositor’s balances at the institution that places deposits may exceed the SMDIA before settlement for deposits or after settlement for withdrawals or be uninsured (if the placing institution is not an insured bank). The depositor must make any necessary arrangements to protect such balances consistent with applicable law and must determine whether placement through an IntraFi service satisfies any restrictions on its deposits.