Deposits are increasingly important, but many banks are experiencing flat or negative deposit growth.
Financial institutions need to understand exactly what specific steps they must take with their best customer segments to build and retain those deposits.
Focus of this retail banking webinar includes:
– Specialist sales teams,
– Industry focus,
– Enhanced marketing packages,
– Changes in compensation,
– Industry best practices.
Presentation includes Deposit Growth Action Checklist with 10 steps that every institution needs to consider for a deposit growth strategy.
Charles Wendel, the President of Financial Institutions Consulting (FIC), had extensive practical experience as a bank lender, relationship manager, and workout specialist before becoming a management consultant. Prior to founding FIC over 20 years ago, he was a Partner at Mercer Consulting and an Engagement Manager with McKinsey & Co., Inc. Wendel has consulted to money center and regional banks, insurers, and diversified financial services companies, both in the U.S. and 15 other countries. Wendel earned an M.B.A. in Finance and Marketing from Columbia University in addition to an M.A. and M.Phil. in English; he received his undergraduate degree from New York University.
1.0 CPE Credits & 1.2 AAP Credits