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

Paying Up

The Fed has stopped raising rates for now, but that doesn’t mean banks are out of the woods. In fact, history tells us that rates typically keep rising after the Fed halts its increases. That trend is being exacerbated today by new entrants that are hungry for deposits and advanced technology that makes it easy to move balances. As a result, banks must pay more to retain their deposits.

For more information, contact: Wei Yan, Product Manager | wyan@novantas.com | +1 212.419.2525

For more information, contact Novantas Marketing

+1 (212) 953-4444


Related Materials

article

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.”

article

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.

article

Commercial Deposit Pricing: Time to Replace Intuition with Analytics

Customers 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.