Who We Are: Our History
Leading the industry.
For over thirty years, QwickRate has evolved with the industry to become the premier marketplace for non-brokered funding and investing. Take a look at our milestones.
1986
- QwickRate creates information database for institutional investors.
1989
- Financial Institution Reform Recovery and Enforcement Act (FIRREA) limits use of brokered deposits to only those well-capitalized institutions.
- QwickRate releases the first QwickTools™ for investors, providing accruals and full investor reporting.
1990
- FDIC issues QwickRate the agency's first opinion regarding the non-brokered status of deposit listing services.
1993
- QwickRate extends membership to issuers and introduces QwickTools™ to automate rate publishing and deposit tracking.
1998
- QwickRate releases Windows-based software for funding and investing in the marketplace.
2001
- The QwickRate marketplace moves to the Web.
2002
- The Independent Community Bankers of America (ICBA) selects QwickRate as Preferred Service Provider.
2005
- ICBA extends its exclusive Preferred Service Provider relationship with QwickRate.
2007
- QwickRate introduces its unique eContact technology to automate the offer and acceptance process.
- Public funds deposits made available to QwickRate members.
2008
- ICBA extends its exclusive Preferred Service Provider relationship with QwickRate.
- QwickRate adds innovative eRollover functionality to automate processing of CD maturities.
2009
- Electronic Safekeeping Receipt capabilities are added to the marketplace.
2010
- QwickRate's new Rate Shopping Cart feature makes the direct investing process faster and easier.
- QwickRate announces a year-over-year increase of 68% in marketplace transaction activity and more than 3,000 subscribers.
2011
- ICBA extends its exclusive Preferred Service Provider relationship with QwickRate.
2013
- Turning days of analysis into just a few clicks for banks, QwickRate introduces QwickAnalytics™ with Bank Performance Reports that include the Report Card, Side by Side Peer Comparison and Financial Snapshot.
June 8th
- Lacey the Great Dane enters the world and quickly becomes the QwickRate mascot.
2014
- Release of the one-click Credit Stress Test helps banks better manage and assess risk while meeting examiner expectations.
