The interest rate news has been grim for U.S. banks. Novantas’ Andrew Frisbie weighs in on deposit cuts after rate plunge.
People are leaving money on the table if they aren’t earning any interest. BankRate.com speaks to Novantas’ Adam Stockton about CDs.
The Fed unexpectedly cut interest rates by 50 basis points today, sending bankers racing to assess their deposit-rate strategies. It was the first time since the fall of 2008 that the Fed took rate action outside of a scheduled FOMC meeting.
It’s been a roller-coaster ride for rates during the past few years. Novantas’ Adam Stockton weighs in on APYs in CDs and savings accounts in 2020.
Do you have the right vision for your bank? Novantas poses five questions to help guide bank executives through 2020.
The yield curve’s fluctuations kept our heads spinning in 2019. What does it portend for 2020?
Novantas’ Pete Gilchrist spoke to S&P Global about deposit costs and what relief banks can expect in the future.
The Fed cut rates, but that doesn’t mean your bank should. Or should it? In either case, your deposit strategy needs urgent attention because history tells us that deposit costs continue to rise even when the Fed reduces rates.
If you’re considering a CD, now could be the right time to act.