Industry Insights
Perspectives
‘Easy Money’ Is Harder to Come By as Deposit Betas Surge
The Fed’s move to raise its target interest rate to a range of 2.00% – 2.25% comes at a time when banks are already grappling with rising deposit costs.
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The Great Deposit Grab
This issue focuses heavily on deposits and for good reason: they are top of mind. Bankers are trying to figure out how to acquire new deposits without wrecking the financials. Quarterly earnings reports show that the biggest banks are scooping up deposit market share. And customers are lamenting the paltry interest rates they are getting from their longtime banks, prompting many to seek higher rates from local competitors, national players and new entrants, like direct banks.
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Saving the Savings Account
Long one of the most under-appreciated and least understood categories for banks, the role of the savings accounts may be on the brink of change due to the industry’s widespread disruption from technology.
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Deep Dive | Beware of Betas that Bite
For a long time during the current rate cycle, the continued expectation of rising betas was akin to the “Boy Who Cried Wolf.”
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Commercial Deposit Pricing: Time to Replace Intuition with Analytics
Customer who seek a higher rate put the bank in a defensive position that often ends with the bank offering a rate that is above the optimal and fair price for that client’s deposit.
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How Bank Marketers Can Win In Today’s Competitive World
After a week away this summer, my husband and I came home to an overstuffed mailbox that contained no fewer than seven offers from banks that were vying for our checking business with rich offers worth hundreds of dollars. We tossed every last one of them in the circular file.
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How To Build A Direct Bank — Or Why You Shouldn’t Even Try
So you think you should launch a direct bank? After all, it could be a great way to scoop up deposits across the country at a time when most banks are struggling to acquire new customers and hang onto the ones they have.
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Five Things to Consider When Developing Precision-Pricing Optimization Tools
The industry-wide scramble for deposits makes it all too clear that surgical pricing is the wave of the future.
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Sitting Down with Novantas | Gerard Cassidy
Gerard Cassidy of RBC Capital Markets sits down with Novantas and discusses the banking industry.
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How to Get in Front of the Back Book
It’s a question that is being debated in corporate offices across the banking industry: “What should we do with the back book?”