
Consumers and businesses customize everything from air travel to sneakers. Why not CDs?
Consumers want the ability to upgrade, downgrade, pause, or tailor services instantly based on changing needs, according to research from PYMNTS.
They want the same in for their banking. That's why institutions have quietly begun to offer greater personalization of deposit products over the past 15 years.
Starting with practical enhancements such as expanded deposit insurance, banks and credit unions now offer additional customization features that save significant sums in interest expense.
The CorePoint provides institutions with the processes, training, and technology to personalize CDs within their chosen strategy.

Allow early withdrawal for depositors through a simple
method tied to replacement cost.
Change CDs' locked-in-to-
maturity stigma and create more demand from long-term savers.
Provide institutions with a CD that competes for high-balance savers who often prefer U.S. Treasuries, Money Market Mutual Funds, and Annuities
Rather than simply
removing penalties, allow institutions to incent or disincent withdrawal.
Often launched after enhanced servicing.
What about technology, regulation, adoption, etc?
Patent protected.
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