Insights

Curinos Perspective: Reducing Consumer Deposit Interest Expense – 5 Takeaways

From the Curinos webinar, “5 Strategies For Reducing Consumer Deposit Interest Expense,” on November 9, 2023. The webinar featured Brad Resnick, director, retail deposits and Ray Montague, vice president, retail deposits.

READ TIME: 4 MINS

November 13, 2023

Insights // This Month In Commercial Banking

Pressure On Net TM Fees Is Mounting

Stabilizing revenues in these challenging times hinges on optimizing treasury management pricing and aligning fee and ECR strategies. Banks need to periodically validate that they’re charging for all services being delivered and at prices that align with growth goals.

READ TIME: 3 MINS

November 13, 2023

Insights // Webinars

5 Strategies For Reducing Consumer Deposit Interest Expense

Curinos expects interest rates to stay higher for longer and that deposit growth will remain a challenge. In this challenging environment, financial institutions face an urgent need to explore cost-effective growth and retention opportunities.

READ TIME: 1 MIN

November 9, 2023

Insights // This Month In Retail Banking

Branch Count Continues Downward, But At A Slower Pace

After two years of COVID-accelerated branch closures, financial institutions have now slowed the pace of consolidations, but the shuttering of in-store branches continues to accelerate. Meanwhile, super-regional and regional banks have been disproportionate in driving the overall reduction in branch counts.

READ TIME: 2 MINS

November 8, 2023

Insights // This Month In Retail Banking

To Gauge A Consumer’s Channel Preference, Consider The Entire Portfolio

When it comes to communication preferences by channel, consumers vary widely, but not necessarily by demographics. Much more predictive are the content of the communication and where the individual is on the marketing journey. Marketers need the tools and analytics to discover which combination of these variables will most likely succeed at each stage of a campaign.

READ TIME: 2 MINS

November 6, 2023

Curinos (F)insights // Insights // Podcasts

Curinos (F)insights: Even With Fed Rate Pause, FIs Will Keep Jockeying On Deposit Prices

Adam Stockton, head of retail deposits and lending at Curinos, offers his take on what the Fed hold steady on rates means and he points out where some institutions are finding opportunities in today's difficult environment.

READ TIME: 7 MINS

November 2, 2023

Curinos Perspectives // Insights

Curinos Perspective: Fed Holds Rates Steady Again, Home-Lending Pressures Continue

As expected, the FOMC has held the Federal Funds rate flat in a target range of 5.25% to 5.50%. But even as the Fed continues its pause, rates for home lending and deposits are likely to remain elevated. That’s because key inflation and macroeconomic indicators take time to play out, and a continuing tidal wave of low-interest renewing CDs will intensify the competition for rate shoppers.

READ TIME: 6 MINS

November 1, 2023

Insights // This Month In Commercial Banking

Commercial Deposit Balances Stabilized In The Third Quarter

Commercial deposit balances grew on average 1.1 % during the third quarter, a significant turnaround from the first half of the year when the average bank saw outflows of 11%. Curinos attributes this growth to three primary factors.

READ TIME: 2 MINS

October 26, 2023

Curinos (F)insights // Insights // Podcasts

Curinos (F)insights: How An Innovative Credit Union Is Approaching Customer Segmentation

David Eldred, chief experience officer at Solarity Credit Union in Washington state, details his institution's approach to segmentation and the key lessons they've learned along the way.

READ TIME: 14 MINS

October 25, 2023

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