Five of the Best: Winning Deposit Growth Strategies for 2024

Did you miss the story on Citizen's Bank's stake in the home equity market? Here are our five top stories on deposit and loan growth in 2023.

THE FINANCIAL BRAND The launch of Ally’s self-built AI platform Ally.ai in collab with Microsoft represents a trailblazing foray into next-gen tech. Listen to the podcast. Deposit Armageddon or Opportunity? How Banks Can Thrive in a Rate War Financial institutions must use relationship banking to retain depositors now. Relationships are the antidote to price competition. Read article. 8 Deposit-Raising Tactics You Might Not Be Trying There are ways for banks to not only retain deposits but even grow without paying higher rates for every dollar. Read article. How Citizens Bank Became the U.S. Home Equity Leader A digital initiative to make home equity applications faster & easier for borrowers helped make Citizens No. 1 lender in this booming sector. Read article. Deposit Competition Is On, But Should CDs Still Be the Go-To? Banks and credit unions are vying for consumer deposits and the heated competition is likely to rage on for years. Read article. As a Deposit Strategy, 'New Money Only' Rate Offers Are a Poison Pill Banks looking to attract and retain deposits have better options than 'new money only' rate offers that undermine longstanding relationships. Read article. All Things Deposits Podcasts Forum 2024 - May 20-22 If your company would like to send an email to The Financial Brand's 50,000 subscribers in the banking industry, click here. To continue receiving email newsletters from The Financial Brand, please add editor@thefinancialbrand.com to your address book and/or safe list. All content and articles © 2023 by The Financial Brand, based in Seattle, WA 98101. You can review The Financial Brand's privacy policy here. To stop receiving email newsletters from The Financial Brand, please click here.