The battle for deposits is (still) on.

Don’t lose by chasing deposits with rates.

Community banks and credit unions are battling to grow deposit balances, but are you simply chasing rates or are you following a strategic, data-driven plan to bring in balances?

Combining data with omnichannel marketing execution is critical for success.

A successful strategy involves not only data-driven decision making, but also compelling marketing execution. Yet, these two elements often exist in isolation, leaving banks and credit unions with a disjointed strategy and an unclear path to growth.

Taking a data-driven, disciplined approach to deposit growth pairs contextualized data with always-on omnichannel marketing allowing you to target the customers with the highest potential to bring you more deposits with the right message at the right time. With proven results.

Here are some deposit growth results we've driven:

 

$5.4 million in core deposits at a small credit union without using promotional rates.

$55 million in CD balances at 100 bps below the Fed Funds rate for a mid-sized bank.
$63 million in core savings and money market balances without using promotional rates for a large regional bank.

Discover how your institution can leverage the experience and insights from Baker Hill Omnichannel Marketing Powered by Infusion to achieve your deposit growth goals. Request a consultation with our team and start growing deposits today!

Start Growing Deposits: