Dustin Allen
Apr 1, 2020

Preparing for a recession usually includes steps that banks take to maximize interest spread and fee income, offload expensive deposits, and prepare for loan losses that are on the horizon—all while maintaining relationships and liquidity. To provide guidance for those who have responsibility for deposits and deposit pricing in the current environment, I’ve interviewed a number of […]

Banks face a real quandary as they consider what to do about their deposit portfolios.

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Consider a customer who approaches a bank or credit union seeking a small-dollar credit product.

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Can “crowdsourcing” work in credit cards? UK-based Barclays Bank is trying to find out with its new Barclaycard Ring card.

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At a time when retail banks are particularly hungry for growth, one of the brightest opportunities is the cross-sale of credit to depositors, including consumers and small businesses.

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The amount of money banks generate from fees on deposit accounts decreased from $36.

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Certificates of deposits (CDs) have experienced a dramatic change in consumer demand, interest rate levels and type offered in the last five years.

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When it comes to deposit pricing, the U.

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Today, your bank is issuing time deposits at rates significantly below what they were just a few years ago and renewing CDs at a lesser rate than they were just last term.

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What to do with all those deposits? It’s a problem banks of all sizes are wrestling with in this curiously sluggish economy.

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The introduction of the $5 debit card fee and its subsequent withdrawal can teach us two lessons: one, consumers are very sensitive to any additional banking fees, and two, there are more productive ways to improve the bottom line through a reduction in interest expense.

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