The secret to thriving in a rising rate environment
Reward checking can help you combat interest rate risk and deposit flight.
The prospect of continued rate hikes from the Federal Reserve has many community financial institutions re-evaluating their deposit strategies — and looking for more robust solutions. In the past, reward checking hasn’t topped the list of options, but that is a costly mistake to make.
In this updated report, you’ll learn how reward checking can:
- Drive revenue and engagement.
- Reduce reliance on conventional deposit tools such as CDs and money market accounts.
- Allow you to adapt quickly to changes in the market.