Insured deposits with established relationship or in transactional accounts

Insured deposits with established relationship or in transactional accounts

Examples of established relationships include members that also have a loan, line of credit or investments with the credit union. Examples of transactional accounts include accounts where there are automatic regular deposits of salary, pensions or other sources of income. Refer LCR reporting template Lines 12 and 13. Where a credit union is not readily able to identify which retail deposits would qualify as stable deposits under paragraph 35 or 36, it should report the full amount under paragraph 37 or 38. Where a credit union in not readily able to identify which retail deposits would qualify as insured deposits under 37 or 38, it should report the full amount under paragraph 39 – 42 as appropriate.

34. Demand deposits are assigned a run-off of at 3% per month for month 1 and 1% per month for month 2-12 on a declining balance basis.

35. Term deposits are assigned a run off at 3% at initial maturity with the net balance rolling over to the same term. A run off of 1% is assigned on subsequent renewals, up to month 12.

Other insured deposits

36. Demand deposits are assigned a run-off of 5% for month 1and 1% per month for month 2-12 on a declining balance basis.

37. Term deposits are assigned a run off 5% at initial maturity with the net balance rolling over to the same term. A run off of 1% is assigned on subsequent renewals, up to month 12.

Less stable deposits Broker deposits

38. Demand deposits sourced from unaffiliated third-parties or acquired through deposit agents, are assigned a run-off rate of 10% for month 1 and 5% for month payday loans in Kentucky 2-12 on a declining basis.

39. Term deposits sourced from unaffiliated third-parties or acquired through deposit agents, are assigned a run-off rate of 10% at initial maturity with the net balance rolling over to the same term. A runoff of 5% is assigned on subsequent renewals, up to month 12.

Other uninsured deposits

40. Demand deposits are assigned a run-off of 10% for month 1 and 5% per month for month 2-12 on a declining balance basis.

41. Term deposits are assigned a runoff of 10% at initial maturity with the net balance rolling over to the same term. A runoff of 5% is assigned on subsequent renewals, up to month 12.

Wholesale deposits

42. All wholesale term deposits with an original term greater than 30 days are assigned a runoff of 100% at the earliest contractual renewal.

43. For insured unsecured demand wholesale funding provided by non-small business depositors, where the institution has operational deposits generated by clearing, custody and cash management activities, these deposits are generally assigned a run-off of 3% per month on a declining basis.

44. For uninsured unsecured demand wholesale funding provided by non-small business depositors, where the institution has operational deposits generated by clearing, custody and cash management activities, these deposits are generally assigned a run-off of 10% for month 1 and 5% per month for month 2-12 on a declining basis.

45. For insured unsecured demand wholesale funding provided by non-small business depositors, where the institution has operational deposits generated by clearing, custody and cash management activities, these deposits are generally assigned a run-off of 12.5% for month 1and 5% per month for month 2-12 on a declining basis.

46. For uninsured unsecured demand wholesale funding provided by non-small business depositors, that are not specifically held for operational purposes are assigned a run-off of 12.5% for month 1 and 10% per month for month 2-12 on a declining basis.

47. All wholesale deposits and other funding from all other counterparties (including financial institutions, securities firms, insurance companies, etc.) that are not specifically held for operational purposes and not included in the above categories run-off are assigned a 100% run off at month 1.

X
X
X
X
X
X
X