What’s going to happen with interest rates? When are they going up? These questions have been the subject of endless discussion in financial circles for the past few years. Well, no one has a crystal ball, but one thing is sure: Interest rates can’t get much lower. So, whether it’s tomorrow or a few months from now, at some point, rates are going up.download pdf
Going back to the 1980s, net interest margins (NIMs) typically hover between 3-4 percent. So what, you say? Well, the lesson to be learned here is that even as the...
The key to beating the competition in a fluctuating banking is to create a new core account holder base, while still maintaining strong relationships with traditional account holders.
Rachel Stephens explains why the timing couldn’t be better to build core deposits, ensuring a stable and sufficient source of funds for lending activity.