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  • About
    • News
    • Membership
    • Boards and Committees
    • NBA Foundation
    • Leadership Program
    • Staff Directory >
      • Contact Us
  • Workforce
    • Careers
    • Post Job Openings
  • Advocacy
    • Legislation
    • Legislative Updates
    • BankPAC
  • Compliance
    • Handbook
    • Compliance Updates
    • Compliance Alliance
  • Education
    • Event Calendar
    • In-person Events/Training
    • Webinars
    • ABA Training
    • Banking Schools
    • Cyber Certifications
    • Sponsorships and Exhibits
    • Young Bankers (YBON)
  • Insurance
    • Agency Services >
      • Commercial Insurance
      • Personal Insurance
      • Livestock, Irrigation and Farm Insurance
      • Surety Bonds
    • Bank Property & Liability
    • Financial Institution Insurance
    • Benefit Plans
  • Bank Resources
    • Preferred Vendors
    • Associate Members
    • Marketing Resources
    • Financial Literacy
    • Single Bank Pooled ​Collateral Program
    • Bank Security
    • Salary & Benefits Survey


Nebraska Single Bank Pooled ​Collateral Program (SBPC) Historical Report

Nebraska State statute requires Nebraska banks to pledge approved collateral for public entity deposits in excess of FDIC insured limits. The Nebraska Department of Banking and Finance (NDBF) has appointed the Nebraska Bankers Insurance and Services Company (NBISCO), the for-profit subsidiary of the Nebraska Bankers Association, to administer the Nebraska Single-Bank Pooled Collateral Program (SBPC) pursuant to Neb.Rev.Stat. Section 77-2398(2) (b) (ii).   

​This program allows participating banks to aggregate their total public deposits and to pledge collateral against its entire portfolio of public deposits rather than pledging per entity. As the program administrator, NBISCO collects, confirms and reports bank compliance with mandated pledging requirement on a monthly basis. Collateral is pledged to NBISCO. In the event of a bank closure, the pledged collateral would be assigned to the NDBF for liquidation and payment to impacted political subdivisions.


graph of total public deposits and depositors for the NBA Single Bank Pooled Collateral Program
Single Bank Pooled Collateral - Total Public Deposits and Depositors as of October 2021

Bank Compliance Reports

2022
January
​February
March
April
May
June
July
August
September
October
November
December
2021
January
February
March
April
May
June
July
August
September
October
November
December
2020
July
August
September
October
November
December

Related Links
  • ​​Nebraska Bankers Insurance Services Company (NBISCO)
  • Nebraska Department of Banking and Finance
  • ​Public Funds Deposit Security Act​
Governmental Units / Public Depositors
  • Disclosure Circular​​​​
  • Governmental Units Consent to Access Reports on Administrator Website

Program Contacts

​Misty Rushing
​NBISCO Financial Program Administrator
nepooledcollateral@nebankers.org​
​​​402-904-7060 (NBA direct)
Kelly Lammers
Director, Nebraska Department of Banking and Finance
402-471-2171

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nEBRASKA bANKERS aSSOCIATION

233 South 13th Street, Suite 700
PO Box 80008
Lincoln, NE 68501-0008
​402-474-1555
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