Strategic Priorities of Today’s Banks and Credit Unions
Banking Transformed with Jim Marous
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The Diversification of Relationships Challenges Organizations
Gregory: We were more probably in line with the credit unions focused on data, focused on our payment strategy. And we still are. What was not top of list in our strategies were deposit gathering, retention, acquisition,. He says interest rates started becoming much higher and banks had to fight tirelessly to retain their deposits. Gregory: One thing we've seen is that with the diversification of relationships, you know, I'm sitting here with a personal account, a business account, but I also have acorns. You know, what happens is the diversity of how I manage those accounts changes over time.
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