CD Specials and Strategy Drive Deposit Growth
Acquisitions can produce explosive deposit growth, but organic growth requires targeted strategies like promotional CDs and local outreach. Many high‑growth banks rely on limited‑time, locally targeted CD specials to avoid rate‑shopping bots and to control inflows. While it is difficult…
President Lincoln Didn’t Bank Here
In observance of Presidents’ Day, we take a trip back to the civil war era. In 1860, there were an estimated 8,000 state banks, each circulating its own currency. National Banks and our Nation’s dual banking system didn’t come into…
Hawks, Doves and Other Predators
This week we tackle several topics, from the year’s first bank failure to the president’s nominee to replace Jay Powell at the helm of the Federal Reserve. We go on to elaborate on the difference between monetary Doves and monetary…