Grow deposits without chasing rates.

Community financial institutions are battling to grow deposit balances and wallet share and the rate offer slugfest is heating up. We've been in the ring before and can help you win.

Don’t lose the battle by trying to offer the highest rates.

Relying on price is a losing strategy – as high interest deposits are coming in, you likely have low-cost deposits walking out the door.

Taking a data-driven, disciplined  approach to deposit growth pairs analytics with omni-channel marketing allowing you to target your customers with the propensity to buy more deposit products from you with proven results. Save interest expense and increase customer loyalty with offers backed by data.

In Q4 2022, our team was able to help grow:

 

$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 Baker Hill's experience and insights to achieve your deposit growth goals with a complimentary opportunity assessment. Request a consultation with our team and start growing deposits today!

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