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
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.
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.
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.