Monit Blog

Deposits: A Clear and Present Danger

Economic, regulatory, and competitive factors are making it even more challenging for banks to cost-effectively gather deposits as evidenced by the most recent earnings reports. As bank leaders refocus energies on deposit gathering, they need to move urgently to win and defend some of the most valuable sources of deposits: Small and Medium-Sized businesses. Monit offers bankers the insights they need to win and retain this valuable source of low-cost and sticky deposits.

June 10, 2024

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