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SRM Perspectives on Key Industry Trends

How to Retain and Attract Deposits in 2023

Posted by Mark Sievewright & Bob Koehler on Dec 22, 2022 3:43:53 PM

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Ask a bank or credit union executive to share their biggest challenge for 2023, and many will put gathering and retaining deposits at the top of their list. It is a remarkable reversal from previous years when FIs were awash in deposits and struggling to find optimal ways to put that liquidity to work.

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Topics: Vendor Contract Negotiation, Bank Vendor Management, Credit Union Vendor Management, Deposits, Balance Sheet

SRM + Sievewright & Associates: Delivering More Value and Insight for Credit Unions

Posted by Mark Sievewright on Nov 16, 2022 11:41:00 AM

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I’m delighted that Sievewright & Associates (S&A) is now a part of SRM!

The acquisition comes after five straight years of solid growth in the S&A business, where we served more than 100 credit unions across the country ranging from $400 million to $53 billion of assets. The opportunity to join forces with an organization of SRM’s caliber, scale the business, and broaden support for credit unions all presented compelling reasons to sell.

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Topics: Deposits, Credit Unions, Expense Savings, Leadership, Balance Sheet, Loans

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