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

Fed Move Comes at an Inflection Point for Deposit Costs

Today’s Fed Funds target rate increase — the seventh since December 2015 — arrives as the deposit market hits an inflection point on rate paid, betas, and customer behavior. Deposit portfolio rates are rising; bankers are responding to increased liquid runoff, rate-sensitive customers are switching products, and acquisition rates are going up for Commercial and Retail deposits. PORTFOLIO RATES HAVE LOST THEIR IMMUNITY TO HIGHER PROMOTIONAL AND EXCEPTION PRICING While Retail promotional rates and Commercial ...

Read more

For more information, contact Novantas Marketing

+1 (212) 901-2772


Related Materials

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.

news

Why More Credit Cards Are Helping You Speed Through Airport Security

There are few things in life more delightful than skipping past a long airport security line — and credit card issuers know it.

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)