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 Raises Rates: Banks Cheer, Deposit Gatherers Beware

Today the Federal Reserve raised its benchmark Fed Funds rate by a quarter point, and signaled that the likely path for short-term rates is three more one-quarter point increases in each of 2017 and 2018. Banking industry executives breathed a collective sigh of relief, knowing that at least part of this rate increase will rapidly translate to higher spread revenue and bank earnings. While profitability for deposit gathering business units will rise, we see four ...

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)