Why Retail Bankers Should Think Twice Before Repricing CDs
High-yield reward checking accounts that have a cost-of-funds discount built in could prove to be a key strategy for rising
Checking Accounts
Articles about checking accounts and how banking providers grow deposits, including topics like digital account opening, debit cards, overdrafts and fee income.
Can Banks Hang On to Low-Cost Deposits as Rates Rise?
It's possible to avoid engaging in a rate war to retain deposits as competition gets fierce, and one community bank offers
Should Banks Kill Sign-On Bonuses for New Checking Accounts?
Cash onboarding bonuses are popular at big banks like Chase. But experts advise caution for most financial institutions. Here's
Is Your Bank’s Overdraft Strategy Letting You Down?
With nonsufficient funds fees under pressure, what strategies are helping community banks grow fee income in consumer-friendly
How Banks Should Fix Their Poor Digital Onboarding Experience
Friction leads to high abandonment. One way banks and credit unions can improve digital onboarding is to streamline the
Should Banks Replace Annoying Fees With a Subscription Model?
The modern consumer doesn't like fees, but they'll sign up for multiple digital subscriptions. Should banks and credit unions follow suit?
Banking’s Big Noninterest Income Problem and How to Deal With It
Three major factors are driving down noninterest income for banks and credit unions. Understanding them is key to managing their impact.
Bill Pay: Can Digital Banking’s Neglected Product Be Revived?
Online and mobile bill payments are rising, but so are late and missed payments. One surprising reason: confusing banking bill pay
How Smart Banks Are Retooling Overdraft Fees to Stay Competitive
Hefty bank overdraft and NSF fees are on the way out, leaving community banks and credit unions scrambling. Here is how some are
Checking Account Benchmarks: Comparing BofA, Chase, Citi & Wells Fargo
This guide to the free checking accounts of Bank of America, Chase, Citibank and Wells Fargo is a competitive resource for other
Solutions for Banks Confronting the Loss of Overdraft Fees
Big changes to NSF and overdraft fees put community and regional banks in a tough spot, impacting both revenue and technology
Trends in Overdraft Fees: Which Banks Ditched Them (and Which Didn’t)
A comparison of bank, credit union and digital bank overdraft policies provides a resource for institutions planning their next
Is AmEx’s Consumer Checking Move Defense, Offense Or Both?
American Express presses further into banking, rolling out digital rewards checking. Experts assess what the card giant has in mind.
How Financial Marketers Can Make People Feel Better About Fees
New research shows that banks and credit unions don't have to get rid of overdraft, ATM or checking fees, just change how they're
Credit Unions Buying Banks at a Breakneck Pace: Here’s How It Works
In 2021, 13 credit unions acquired community banks. Don’t be surprised to see this number double in 2022, setting a
The Gig Economy: How Banks Can Find Hidden Revenue Opportunities
The fast-growing freelance worker market could be a boon for financial institutions, but so far has been largely untapped by the
How Data Can Dramatically Alter the Overdraft Landscape in Banking
Instead of reacting defensively to competitive or regulatory pressures, technology lets banks and credit unions proactively assist
What’s the Future for Checking Accounts?
The core product with the obsolete name remains essential for consumers — and financial institutions — but the reasons why are
What’s Next for Goldman’s Marcus Banking Strategy?
Co-branded GM card, with unique e-commerce potential, is latest foray into banking. Meanwhile, the industry awaits launch of Marcus
Why People Don’t Want Banks to Pull the Plug on Overdraft Services
Many consumers actually feel they need this politically incorrect option to manage their finances — or adjust for their lack of discipline.
Why Capital One’s Move Won’t Be the Death of Overdraft Fees
The bank is the biggest so far to nix the fees. The action has emboldened legislators and regulators to try and abolish OD fees
‘Dear Steve, We’re Sorry You’re Dead’ (But I’m Not Dead!)
Relying on people's inertia is a lousy cross-selling concept when technology should make relationships at least coherent, if not wonderful.