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Ampersand, Inc. is not a bank. Deposits are placed, as administrator, at FDIC- and NCUA-insured institutions.Serving public entities? Ampersand Public Advisors ↗
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Ampersand vs.
a bank’s reciprocal deposit program.

A fair, side-by-side look at how insured deposit placement through Ampersand compares — so you can choose what fits your cash.

A bank’s reciprocal deposit programAmpersand
Who you work withYour bank and its networkAmpersand and its network of 300+ institutions
RateTypically set by your bankSet by participating institutions
Change banks?Tied to that bankNo — keep your operating bank
ReportingThrough your bankOne Ampersand portal and statement
Keep your bank. Add hundreds more.See how one Ampersand account works alongside your operating bank.

Comparisons are general and illustrative, based on typical characteristics of each option; terms vary by provider and product. Money market funds and Treasury securities are investments, not deposits, and Ampersand does not offer them. ¹ Deposit insurance is provided by FDIC- or NCUA-insured institutions, subject to standard limits, aggregation rules, number of participating institutions and pass-through requirements. ‡ Program rates have averaged 5–9x the FDIC national average savings rate, as of 10/15/2026; not a guarantee of any client’s rate. Ampersand, Inc. is not a bank. Not investment advice.