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Introducing Program Transitions

October 28th, 2026

Transition your existing reciprocal depositors onto NBID with step-by-step guidance, automated workflows, and full visibility into every account along the way. Your team always knows what comes next, from setup through the final funded account, and can see where every account stands at every stage of the transition without the manual tracking.

With Click to Accept, NBID auto-fills each depositor's Terms & Conditions from the data you upload, and depositors review and accept digitally with a click. Acceptance is tracked in the platform, so your team can skip the manual collection.

Institution Admins, Program Admins, and Sweep Program Admins can manage Program Transitions. View-only admins can view.

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Disclosures

A list identifying NBID / ModernFi network banks can be found here. NBID and ModernFi are not FDIC-insured banks, and deposit insurance covers the failure of an insured bank. Certain conditions must be satisfied for “pass-through” FDIC deposit insurance coverage to apply. NBID is not a member of the Federal Deposit Insurance Corporation (FDIC) and is not a financial institution, nor does it offer financial institution deposits and its services are not guaranteed or insured by the FDIC.

Funds placed through NBID's deposit network are deposited at FDIC-insured banks. Each participating bank provides FDIC insurance coverage up to $250,000 per depositor. By spreading deposits across multiple banks in the network, customers may be eligible for aggregate FDIC insurance beyond the standard $250,000 limit provided by a single institution. Customers should monitor their total assets at each program bank to determine the extent of available FDIC insurance coverage.

FDIC insurance is subject to FDIC rules, including pass-through coverage requirements. For more information about FDIC insurance, visit www.FDIC.gov.

Deposits exceeding applicable FDIC coverage limits at any single institution are not insured by the FDIC.

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