Deposits that flow
to you automatically
A new wholesale deposit channel for mutual banks, credit unions and challenger banks
Spring connects institutional fund managers directly to your balance sheet — placing term deposits programmatically via the NPP. You set the limits. The platform does the rest. Cheap capital, automatically sourced, that directly improves your Net Interest Margin.
Deposits are your cheapest capital. Spring opens a new channel to get more of them.
Net Interest Margin is the single most important driver of profitability for mutual and challenger banks. The spread between what you lend at and what you pay for funding determines everything — and deposits are by far the cheapest source of that funding.
Retail deposit origination is slow, branch-dependent, and expensive to scale. Wholesale debt markets fill the gap but at a premium. Spring opens a third path: programmatic institutional deposit inflows that arrive on your terms, within your configured treasury limits, settled in real time via the NPP. At 30bps below the online deposit baseline — modelled on a mutual bank member's savings rate of 2.90% against a 5.19% lending rate — Spring moves NIM from 2.29% to 2.59% on every dollar funded this way.
Because Spring counterparties are single, known, AFSL-licensed fund managers, there is no credit assessment to perform per placement. Your treasury team's only question is: do we have balance sheet appetite for this today? Spring helps you answer that automatically.
Lending rate: 5.19% p.a. (mutual bank member, variable home loan). NIM = lending rate minus deposit funding cost.
Based on published rates from a Moroku customer-owned bank client: online savings rate 2.90% p.a., variable home loan 5.19% p.a. Spring deposit cost is indicative at 30bps below online deposit baseline. Actual NIM improvement varies by tenor, volume and existing funding mix.
The full deposit lifecycle, automated
From placement instruction to settlement and maturity return — Spring manages the entire TD lifecycle on Australia's NPP rails via PayTo and PayID.
Your treasury team logs into the Spring portal and configures your institution's funding appetite. These settings persist until changed — the platform enforces them on every incoming placement, automatically, without an analyst reviewing each one.
Institutions that compete on relationship, not scale
Spring is purpose-built for banks where NIM is the margin between viability and growth.
Mutual Banks
Member-owned institutions with strong community roots but limited wholesale access. Spring gives you a direct, automated channel to institutional deposit capital without the cost of traditional wholesale markets.
Credit Unions
Strong deposit relationships with members, but deposit book growth constrained by geography and membership base. Spring augments your retail deposit base with institutional inflows that arrive on your terms.
Challenger Banks
Growing the loan book faster than retail deposits can fund it. Spring provides a programmatic, NPP-native institutional funding channel that scales with your book without branch infrastructure.
Everything you need to run a wholesale deposit channel
Real-Time NPP Settlement
Inbound placement via PayTo. Maturity return direct to fund PayID via NPP. 24/7, no banking hours, automatically reconciled to the TD register.
Auto-Accept Engine
Treasury-configured rules enforced on every placement. Daily limits, tenor toggles, rate floors and concentration caps — set by your team, changed any time, no IT required.
Lifecycle Manager
Full term deposit register with maturity tracking, advance notices, rollover engine and return payment triggering. Nothing falls through the cracks.
Treasury Dashboard
Self-service portal for your treasury team. View active TDs, adjust appetite controls, manage the manual review queue and monitor inflow performance.
CDR Rate Discovery
Open Banking rate discovery surfaces your term deposit rates to fund managers searching for placements. You compete on price, efficiently, without a sales team.
APRA-Aware Controls
Channel concentration caps, liquidity ratio awareness and configurable blackout periods keep your Spring funding within prudential boundaries — automatically.
Open a new source
of deposit capital
Spring is a wholesale deposit channel purpose-built for mutual and challenger banks. Talk to the Moroku team about connecting your institution to the network.