Deposit Growth Strategies for Banking

When we talk with banks across the country about deposit growth, we tend to see the same pattern. “It’s not where we want it to be.” That was confirmed in a recent workshop we held with community banks focused on leading the charge for deposit growth. The majority of banks acknowledged they’re doing an “okay job,” but deposits are “not happening regularly or consistently.” And that’s really the starting point. Not that banks don’t care. Not that they don’t understand the...