A large, regional bank with more than $10B in assets sought a new strategy and a cost-efficient solution to boost core deposits by acquiring new households.DOWNLOAD PDF
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.
For the first time in more than 10 years, financial institutions have faced rising interest rates which threaten to compress net-interest margins and drive off low-interest deposits as account holders move money from safer insured deposits to higher-yielding long-term deposits.
One of the best things about the end of the year (besides the holidays!) is it provides the perfect opportunity to look back over an entire calendar – and calendar year of creativity. At Harland Clarke, we’re proud of the assets we’ve created this year in support of our customer engagement solutions and thought leadership efforts.