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This Week in Retail Banking | April 5, 2020

Another week of lockdowns and the rollout of the CARES Act is adding an additional degree of organizational complexity for banks.

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Crisis Will Force Permanent Changes in Branch Networks

The health crisis that is sweeping the country is creating tectonic changes in the role of bank branches.

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Reduce, But Don’t Slash and Burn Commercial Deposit Rates: Careful Response Needed After Fed Rate Cuts

It is clear that commercial deposit rates will fall following the Fed’s emergency rate cuts, but the initial reaction to cut them aggressively should be tempered with an eye toward the future.

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US banks set for more deposit costs cuts after plunge in rates

The interest rate news has been grim for U.S. banks. Novantas’ Andrew Frisbie weighs in on deposit cuts after rate plunge.

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Here’s how you can protect your savings from future rate decreases with a CD

People are leaving money on the table if they aren’t earning any interest. BankRate.com speaks to Novantas’ Adam Stockton about CDs.

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Financial Institutions Must Rethink Digital Delivery in the Next Decade

What distribution strategies will carry banks through the next decade? The Financial Brand’s Jim Marous and Novantas’ Kevin Travis discuss in this episode of Banking Transformed.