Welcome To
The Bottom Line

SRM Perspectives on Key Industry Trends

How to Prepare for an Intensified Fight for Deposits

Posted by Tim Keith on Apr 14, 2022 1:04:03 PM

Deposit-Comp-Blog-Image

The prolonged period of taking deposit gathering for granted seems to be nearing an end.

Financial institutions have been awash in deposits for years, flush with liquidity. According to data from the Federal Deposit Insurance Corp, deposit balances at banks have risen by 35% in the past two years alone.

The bigger challenge has been finding ways to put those deposits to use in profitable ways.

Read More

Topics: Bank Consulting, Credit Union Consulting, Deposits, bank customer acquisition, credit union customer acquisition

Subscribe to our blog

Recent Posts

Archives

see all

Posts by Topic

see all