JPMorgan is stepping out of sync from its competitors, offering higher interest rates on some deposit accounts following the Fed’s interest rate increase two weeks ago, a person familiar with the matter tells the Wall Street Journal.

The size of the increase will vary across accounts and will be applied to most institutional clients but not to retail accounts, the person tells the paper.

JPMorgan’s move sets it apart from its U.S. competitors Bank of America, Wells Fargo and Citigroup, all of whom told the Journal they don’t plan to raise deposit rates, while Goldman Sachs and Morgan Stanley declined comment. JPMorgan is offering the increased rate on so-called “operating” deposits, which are less risky than nonoperational deposits such as those held by hedge funds, according to the paper.

Meanwhile, all banks are raising lending rates, the paper writes, and are likely to pocket the difference between what they pay for deposits and what they earn on loans in the near future, following the squeeze they experienced over the past several years.

North of the border, however, several Canadian banks have already increased deposit rates on some U.S. dollar-denominated corporate accounts, the Journal reports. The Canadian Imperial Bank of Commerce, one of the thee Canadian banks that confirmed their increases to the Journal, has been actively looking for investments in U.S. financial companies, including a focus on wealth management firms, as reported earlier.