After our original podcast discussion, the Battle for Deposits has intensified, and current events - like the massive shift in deposits toward the big banks the week of March 13 - have made this topic even more pertinent to credit unions. It's worth diving even deeper into this subject, to look at items such as:
How behavioral economics can impact customer saving
The role open banking will play in deposit defense and acquisition
How credit unions can utilize a multi-channel approach to deposits
Why an engagement foundation is so vital in this battle