The latest Independent Banker magazine details how some community banks are revamping their certificate of deposit strategies.
Details: According to the new article:
CDs remain popular because of their reputation as one of the soundest financial vehicles available.
Strategies to grow CDs at community banks include consumer education, proactively marketing to existing and potential customers, and providing personal service.
More: The August edition of Independent Banker also includes articles on CFO viewpoints, the EGRPRA review process, making payments a budgeting strategy, and more.
Access: The magazine is available on the Independent Banker website and via the digital edition. Community bankers also can subscribe to Independent Banker’s newsletter to receive the magazine via email.