Does Banking’s Digital Focus Endanger Its Deposits?
Digital banking became essential for loyalty when a pandemic made visiting a branch more than undesirable. But is it enough for today?
Checking Accounts
Articles about checking accounts and how banking providers grow deposits, including topics like digital account opening, debit cards, overdrafts and fee income.
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The 0% Loan: Why A Dozen Lenders Are Leaning into the Novel Idea
There's no catch. Executives at several credit unions share what they like about the no-interest, no-fee loans, which are designed to be offered as an employee benefit.
Popular Articles within Checking Accounts:
The 0% Loan: Why A Dozen Lenders Are Leaning into the Novel Idea
There's no catch. Executives at several credit unions share what they like about the no-interest, no-fee loans, which are designed to be offered as an employee benefit.
Supercharge Your Boring Old Debit Cards to Drive More Users, Usage
Consumer spending is often done on debit cards, so why not do more to differentiate — and market — these cards as a way to attract deposits?
Dave Pays 4% on All Accounts as Mobile App Pursues ‘Primary’ Relationships
This fintech — which targets those who live paycheck to paycheck with its mobile app — has an ambitious strategy to return to profitability in 2024.
The Art of Pricing: Growing Loans and Deposits by Optimizing Rates
Banks and credit unions can win more business by using pricing models that take into account everything they know about customers.
Green Dot Plans Big Push for Direct-to-Consumer GO2bank
This banking-as-a-service leader will put the bulk of its $50 million annual marketing budget behind its own mobile banking app to draw consumers.
Are You Fighting Yesterday’s Checking Account War Instead of Today’s?
Those new checking account gains giving you some relief could really be a worrisome 'walking dead’ horde. The digital competition is winning.
Are Your Customers Cheating on You?
Most consumers make cafeteria-style banking choices these days, establishing relationships with multiple traditional and digital providers. But now fintechs are turning these flirtations into primary checking account relationships at a rapid pace.
SoFi Has Big Plans for the $2B of Deposits It’s Scooping Up Every Quarter
SoFi sure isn’t hurting for deposits. One year in as a bank, this fintech predicts it’ll show a profit for the first time ever, as it plots major loan growth ahead.
Battle for Bank Deposits Goes Beyond High Rates
Adam Stockton at Curinos discusses the importance of building stronger connections between consumers’ deposit and credit needs, and rethinking how banks build relationships in the future.
Virtual Account Management Is Catching On with Corporate Customers
Corporate accounts often take weeks to open, but VAM can make the process faster and easier for banks and their business customers.
What Does It Take to Attract Deposits with a Digital-Only Bank Brand?
Great customer service is key for direct banks and neobanks, but they often fall short. This creates an opening for traditional players that launch digital brands.
Unique Youth Savings Account Aims to Hook Gen Z and Gen Alpha on This Bank
A Massachusetts community bank puts a creative twist on savings accounts — and offers 5% interest! — to reel in young people and make them lifelong customers.
JPMorgan Chase Defends Contrarian Branch Strategy as Deposit-Gathering Machine
Startling data shared at investor day shows why the nation’s biggest bank loves both bricks and clicks. Next test: How Chase absorbs First Republic.
As a Deposit Strategy, ‘New Money Only’ Rate Offers Are a Poison Pill
Banks and credit unions looking to attract and retain deposits have better options than 'new money only' rate offers that undermine longstanding relationships.
Are Your Customers As Nervous About Their Deposits As This Gallup Survey Suggests?
A Gallup poll found that half of American consumers are concerned about the safety of their deposits in the bank. But there's more to it.
Webinar: How to Raise $100M in Core Deposits in < 90 Days
Learn the impact of aligning data, marketing, sales, and CX, and how consumer expectations are rising as our world becomes digital-first.
The Toaster Effect: Free Gifts Can Boost New Account Openings by 15% or More
What free gifts are helping banks and credit unions attract new checking accounts these days? Here's a gallery of giveaways from across the country.
Deposit Stability Matters More Than Low-Cost Money Now
Cheap deposits? That would be great — but being able to hold onto deposits takes higher priority now for financial institutions.
In the Battle for Direct-Deposit Relationships, New Technology Is a Game Changer
With switching so frictionless, banks and credit unions can no longer rely on inertia or inconvenience to keep direct-deposit relationships.
Webinar: Preparing to Survive the Storm of Delinquent Accounts
In the first three months of 2023, some credit unions and community banks have seen their delinquency rate increase up to 3x.
Deposit Competition Is On, But Should CDs Still Be the Go-To?
Banks and credit unions are vying for consumer deposits and the heated competition is likely to rage on for years.