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Learn from Kasasa and The CorePoint about the challenges and opportunities facing community financial institutions today.
We talked about how time deposits have gone from obscurity to star of the show and how the largest banks in the U.S. have taken the lion's share of time deposits. negotiate CDs with depositors and helping them find the right solution.
In this episode Rutger van Faassen speaks with Neil Stanley, CEO and Founder of The CorePoint about his WHY, WHAT and HOW when it comes allowing your frontline staff to successfully negotiate CDs with depositors and helping them find the right solution.
Inflation has catapulted deposits from a low-priority issue to a top concern for banking executives nationwide. With interest rates unlikely to change significantly in 2024, the competitive landscape is fierce - and it may become more fierce if interest rates decline. The CorePoint and DeepTarget discuss the historic volume of certificates maturing within a year, competitors' diverse pricing approaches, and an economic landscape indicating continued pressure on the cost of funds.
In 2024, banks have faced unprecedented challenges, from pressure on commercial real estate values to sophisticated cyber threats leveraging AI, increased regulatory scrutiny, robust risk management, and the pressure to reduce expenses.
The Future of Banking: Simplifying Pricing and Retention Strategies
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