Infographic: 3 Strategies to Grow Deposits in 2023
Tackling FIs’ #1 Priority:
A recent survey found that 43% of FI respondents listed deposit growth as their #1 priority over the next two years.
As financial institutions battle deposit outflow, a competitive rate environment, and megabank and neobank challengers nibbling on their hard-earned banking relationships, they need a digital banking solution that does more than service account holders.
Instead, FIs need a platform that accelerates deposit growth by giving users the consumer banking solutions they expect and want – before they know they need it. That’s the key to primary FI status.