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Capturing Deposits Beyond Your Member Base with CANNEX
How Canadian financial institutions expand funding without adding complexity.
In today’s Canadian banking environment, deposit growth is no longer confined to your member base. Market transparency, competitive pressure, and funding strategy demands mean that financial institutions of all sizes are exploring non-member deposits as a reliable source of funding.
For many, CANNEX — when connected and operationalized effectively — is the bridge from interest to execution.
At Portfolio+, we see this firsthand: the institutions that succeed don’t just access CANNEX. They turn it into an operational advantage, a funding strategy, and a competitive edge.
Why non-member deposits are becoming essential
Across Canada, credit unions and banks face the same reality:
➡️ Low cost of funds matters more than ever
➡️ Deposit pricing is transparent, both to members and to the broader market
➡️ Regulatory expectations around liquidity and risk are tightening
➡️ Institutional funding strategies must balance efficiency and growth
Non-member deposits — enabled through CANNEX — help institutions:
➡️ Diversify deposit sources
➡️ Improve liquidity and balance sheet flexibility
➡️ Support competitive funding without over-reliance on local members
➡️ Sustain lending growth without escalating deposit rates
But the difference between accessing CANNEX and capturing value from it lies in how you operationalize it.
Operational confidence unlocks funding opportunity
Accessing non-member deposit data is one thing. Translating that data into reliable, operationally sound funding is another.
Many institutions, especially smaller credit unions, hesitate because they don’t want:
- Manual processes that slow time to market
- Added operational risk or compliance exposure
- Additional workload for IT or treasury teams
These concerns are valid, and they’re exactly why partner-led operational readiness matters.
Turning CANNEX into a Scalable Deposit Strategy
With Portfolio+, CANNEX feeds directly into robust term deposit operations through our integrated platform. This is not an add-on. It’s part of a foundation designed for scale, automation, and continuity.
At the heart of this is our Term Deposit & GICs capability, which enables you to:
✔ Manage the full lifecycle of Term Deposits and GICs — nominee-name and client-name — at scale with confidence.
✔ Automate pricing, renewals, broker connectivity, and reporting without manual intervention.
✔ Expand funding channels with CANNEX-driven insights, turning visibility into execution.
Whether you’re a smaller credit union or a mid-sized institution, this capability means non-member deposits become funding sources, not headaches.
It’s not about size, it’s about readiness
A common misconception is that only large institutions benefit from non-member deposits.
The truth is the opposite.
Smaller and mid-sized credit unions often have more to gain because they can:
- Move faster on pricing and execution
- Integrate market data into funding decisions without legacy bottlenecks
- Leverage automated workflows to reduce operational overhead
In the Portfolio+ model, you get enterprise-grade deposit capabilities without enterprise-scale complexity.
That’s the advantage of:
- Automated deposit operations
- Seamless broker and nominee connectivity
- Compliance-aware design that reduces risk exposure
All built into a single core platform.
At scale, without scale required
This is how institutions turn CANNEX from insight into action:
- Connect and centralize non-member deposit data with core operations
- Automate workflows — from pricing to posting, renewals to reporting
- Maintain continuity in operations, even as market updates occur
- **Enable Treasury and Finance to make data-grounded funding decisions
- Free teams from manual work, so they focus on strategy, not maintenance
That’s operational readiness and it’s what separates access from advantage.
Portfolio+: your partner in deposit growth strategy
We don’t just provide technology. We bring experience, insight, and strategic advisory. Institutions that work with Portfolio+ benefit from:
➡️ Expertise on CANNEX integration and operational readiness
➡️ Insights on deposit economics and funding strategy
➡️ Automated, scalable deposit operations that reduce risk
➡️ Confidence entering each planning cycle — especially Q1
And all of this links back to how your institution can turn market visibility into sustainable funding growth.
The takeaway
Non-member deposits are no longer optional or experimental, they are a fundamental part of modern funding strategy.
CANNEX gives you visibility into those opportunities.
Portfolio+ helps you capture them, operationally and strategically.
Whether you are already a CANNEX user or exploring how it fits into your strategy, we’re here to help you turn insight into execution.
Ready to explore what’s possible?
If your institution is evaluating how non-member deposits can support funding, deposits growth, or balance sheet strategy, talk to your Portfolio+ relationship team.
We’ll walk through:
➡️ Operational readiness
➡️ Workflow integration
➡️ Funding strategy implications
➡️ How CANNEX connects to your operational reality
Because in a market this competitive, the right technology and the right strategy make all the difference.
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