Winning the new deposit war

For the past decade, banks have taken for granted the abundance of low-cost deposits. Customers flocked to banks for safety during the crisis, and didn’t see any attractive investments for that money long after the crisis ended. However, there is ample evidence this period of easy deposit growth has come to an end.

According to Darling and Associates, banks under $10 billion in assets have not grown core deposits sufficiently to fund loans for the past three years.

continue reading »

More News