Retail Deposits: More Aggressive Pricing Is Widening The Rate Gap Between Banks
Deposit shifts have continued as a result of rising rates and the failures of Silicon Valley, Signature and First Republic.
READ TIME: 2 MINS
May 19, 2023
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This Month In Retail Banking
Boost Branch Performance? Make It Opportunity-Based.
The impact of changing customer preferences, accelerated by the pandemic, continues to be felt in branch networks across the U.S.
READ TIME: 3 MINS
May 11, 2023
How’s Your Omnichannel Strategy?
We live in an omnichannel world. The average consumer – no matter what the product or service – now expects to engage with their brands and institutions whenever and wherever they like.
READ TIME: 1 MIN
May 9, 2023
Amid Turmoil, Reassurance is Crucial
In the wake of two high-profile bank failures in mid-March and the FDIC’s subsequent intervention, many U.S.-based lenders and deposit holders rushed to quell anxieties about the soundness and safety of their own institution and their exposure to the wider financial system.
READ TIME: 4 MINS
April 25, 2023
Small Business Could Mean Big Opportunity
Small business is a highly attractive segment, particularly in the current deposit environment, because, among other advantages, it represents low betas with higher average balances than the consumer segment. Indeed, in the last three weeks, the segment has exhibited materially less churn and less rate shopping behavior, and even as consumer and wealth have undergone a significant repricing, we have yet to see the same dynamic play out among small businesses
READ TIME: 3 MINS
April 20, 2023
Mortgage Servicing Rights: What Lenders Need to Know Now
Mortgage Servicing Rights (MSR), the contractual rights to service mortgage loans, are a vitally important asset in the industry.
READ TIME: 2 MINS
April 18, 2023
Retail Deposits: Stable, But More Competition Possible
Certificates of deposit (CD) are taking on a bigger role at many institutions that want to lock in deposits before rates rise further, according to the latest data from the CDA Consumer Executive Summary
READ TIME: 1 MIN
April 13, 2023
A Winning Strategy For “Win-Back” Campaigns
Balance runoff is picking up speed in 2023. With interest rates from some direct bank topping the tantalizing 4% mark on a savings accounts - a level not seen since 2007 - depositors are waking up and moving their non-operating cash to higher-yielding alternatives
READ TIME: 2 MINS
February 21, 2023
The CD Takes On New Life As Rates Rise
Certificates of deposit (CD) are taking on a bigger role at many institutions that want to lock in deposits before rates rise further, according to the latest data from the CDA Consumer Executive Summary
READ TIME: 2 MINS
February 16, 2023
