Deposits

Signature Bank Adds $2.5B in Non-Interest Bearing Deposits in Q4

These deposits are seen as a proxy for growth among crypto-industry clients.

Business  ·  21 January 2021

Crypto-Friendly Signature Bank Raked In $4B in Deposits in Q3 2020

Deposits at crypto-friendly Signature Bank grew by $4.11 billion, an 8% increase, in the third quarter of 2020.

Business  ·  20 October 2020
Earnings Call

Signature Bank’s Crypto Deposits Grew $1B in Q2

Out of the nearly $8 billion in deposit growth that Signature Bank saw in the second quarter of 2020, $1 billion was raked in by the firm’s digital assets team.

News  ·  23 July 2020
Banking

Silvergate Adds 46 More Crypto Clients in Q1 While Existing Customers Increase Deposit Levels

Silvergate Bank added 46 crypto customers in the first quarter and saw fee income and deposits increase from those customers because of “Black Thursday,” according to its earnings report released before market open on Wednesday.

Business  ·  29 April 2020
Banking

Crypto Firm Deposits Jump 24% in Q1 at Metropolitan Commercial Bank

Crypto-friendly Metropolitan Commercial Bank reported $25 million more in deposits from crypto customers in the first quarter of 2020.

Business  ·  24 April 2020
Bitcoin

Square Is Expanding Access to Bitcoin Deposits for Cash App Users

Square is rolling out bitcoin deposits for its Cash App, supplementing the buy, sell and transfer options.

Markets  ·  25 June 2019