bg-arrow-down icon-arrow-up icon-back-to-top icon-linkedin icon-menu icon-search icon-twitter logo-white slider-arrow-left-gray slider-arrow-left slider-arrow-right-gray slider-arrow-right

Deposit Trends Are Deteriorating As Powell Makes First Move

Today, as the FOMC raises rates by another 0.25% and signals more hikes in the future, Novantas proprietary data makes it clear that the sands have shifted. Commercial lines of business are suffering from balance declines and remixing into higher-cost products. Consumer brick-and-mortar money market deposit account balances are shrinking for the first time in years. Direct bank CD prices have risen to the critical 2.00% level, exhibiting a beta of more than 100% since ...

Read more

For more information, contact Novantas Marketing

+1 (212) 901-2772


Related Materials

event

Pricing Optimisation & Profitable Growth in the Digital Age

Asia Pricing & Commercial Excellence Summit 2018

news

Where Regionals Outshine Big Banks: The Battle for Cheap Deposits

Something has been missed in all the fuss about big banks’ deposit juggernauts: Some regionals have carved out a surprising edge when it comes to interest-free checking accounts, the crème de la crème of retail deposit-taking.

news

The Biggest Banks Are Gobbling Up Deposits. Here’s Who’s Not

JPMorgan Chase, BofA, Wells Fargo see gains; Fifth Third, Comerica and Regions Financial lose ground.

Please enter your email for verification:

Full Name (required)
Title (required)
Institution (required)
Email (required)
Select Product (one required)

PriceTek Deposits
PriceTek Loans
PriceTek Mortgage
PriceTek Offer Engine
StrataScape
BankChoice Monitor
SalesScape
MetricScape

Phone Number (optional)
Description of Need (optional)