Why Financial Institutions Need a Deposit Growth Strategy
Financial institutions have become more risk aware following interest rate hikes, an uncertain economy and recent challenges facing regional banks. In this episode, we’re joined by Tom O’Neill, a risk consultant with Equifax and Mark Toro, a marketing consulting leader with the Financial Services Group at Equifax to discuss:
· What is a deposit growth strategy?
· How can it reduce a financial institution’s risk?
· What role does data play in an effective deposit growth strategy?
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