On the money hunt: pulling in deposits: in competitive times, value proposition and execution counts.(RETAIL BANKING)

From: ABA Banking Journal | Date: February 1, 2008| Author: | Copyright information

In recent years, core deposit gathering has been extremely competitive, especially so for community banks, which can't necessarily resort to tactics like acquisition in order to grow. The fine art of making the balance sheet work won't get any easier, either.

[ILLUSTRATION OMITTED]

Threat of recession and the consumer-hailing habits of large and foreign-owned banks will make finding cheap and stable funding ever more a game for the stalwart and innovative.

Deposit growth--checking accounts, savings, money market funds, and CDs--has averaged from 5% to 6% in most ...

Read all of this article with a FREE trial to HighBeam Research

Related newspaper, magazine, and trade journal articles from HighBeam Research

(Including press releases, facts, information, and biographies)

Stalled Deposit Growth Challenges Community Banks: The value of community bank stocks remains high, but many challenges await. Buckle up. The road ahead could get bumpy.
Magazine article from: US Banker ; ...investor interest in community banks, it also throws...compared to that of community banks. Fitzgibbon says community banks' major misstep...crimping growth at community banks. Indeed, several...pointed to stalled deposit growth as one of their...annual ...
Big Dogs and Small Dogs Duking it Out: Community banks take it on the chin as last year saw the most bank busts in a decade; still, more growth nationwide is coming from local players and big banks are struggling with focus.
Magazine article from: US Banker ; ...and small in banking. Community banks drove most of the deposit growth in the industry last year...year's casualties were community banks, including $700 million...percent of all organic deposit growth over the last five years...ramping up competition for ...
Community Banks Change To Accommodate Customers in 2001
Magazine article from: The Business Times ; We talk to community bankers every...here is where community banks have an opportunity...connection. Many community banks are, in fact...Note how the community banks mentioned below...compete With other community banks. With this strategy...enjoying double digit ...
Where Community Banks Are Losing Out.
Magazine article from: Bank Investment Consultant ; Community banks' brokerage performance remained stable...report aggregates information from community banks with assets under $4 billion, or...and annuity income suggests that community banks are doing better than they did in...
Investments & Insurance Growth.(trends among community banks)
Magazine article from: US Banker ; ...according to Grant Thorton, 33 percent of community banks offer insurance products, 43 percent...respectively, in the next three years. Community banks have historically made personal connections...seeing them look more and more to community banks, says Bill Reid, President of ICBA...
Community banks and the Federal Reserve.
Magazine article from: Economic Review (Kansas City) ; ...District that is well-served by scores of community banks, I appreciate the opportunity to give...morning is to talk first about the role community banks play in the U.S. economy. Then, I...system. My central theme is that while community banks hold only a small share of the nation...
Costs of Regulation Thin Ranks of Community Banks.
Newspaper article from: San Antonio Express-News (San Antonio, Texas) (via Knight-Ridder/Tribune Business News) ; Sep. 25--Community banks, as Goldilocks might say, are not too big. They are...stratum of consumers and borrowers who also find community banks to their liking. Community banks, though, are being squeezed. Competition from big...
Smaller community banks facing obstacles.
Newspaper article from: Journal Star (Peoria, Illinois) ; ...banks, credit unions and nonbanks, community banks face a myriad of challenges. Community...substantially over the years, with small community banks affected the most, according to The...associations. Nationwide, the number of community banks has dropped from more than 10,000...
The days after...What does Sept. 11 mean for community banks?
Magazine article from: Bank News ; ...profitability and operations of community banks? A soft economy has never been good for community banks. In the short term, however, I'm...to aggravate things any further. Community banks are more removed from the "mega...
E-Mania Takes Community Banks by Storm: According to Grant Thornton, community banks must commit to big changes, or else.(Industry Trend or Event)
Magazine article from: Bank Technology News ; ...it as we enter the 21st century and community banks are forced to play catch up. Electronics...a faster impact on business than (community banks) thought or would like to think, says...Modernization Act triggered a sudden jump in community banks offering online banking. This year...

Find more facts and information related to the article "On the money hunt: pulling in deposits: in ..."