Customers Bank announced on June 4, 2025, a collaboration with Save Advisers, LLC, and Save Technologies LLC (Save®), to launch an innovative Market Savings Sub-advisory Program. This program is designed for Registered Investment Advisers seeking cash solutions for their clients.
The new program combines deposit accounts provided by Customers Bank with a market-based yield enhancement strategy managed by Save Advisers. Deposits held at Customers Bank are eligible for FDIC insurance, providing security for clients.
This partnership expands Customers Bank's product offerings and reach into the wealth advisory industry, aiming to attract new deposits and generate meaningful fee income. The program requires a minimum deposit of $10,000 for a one-year term, catering to advisers looking for principal preservation and growth potential.
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