Bank Insights
Leveraging CD Market Data to Formulate a Successful Deposit Strategy
In the grueling race for deposits, financial institutions have turned to CD-centric funding strategies to drive growth. The increase in CD balances is astounding, with total holdings jumping by 77 percent at banks and 63 percent at credit unions during 2023, based on regulatory filings. According to CD Valet’s Market Intelligence Tool (MiT) (now available …
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