High-yield CDs may bring in deposit dollars, but they also come with a near-unsustainable Cost Of Funds, high attrition, rate shoppers, ongoing liquidity struggles, constant repricing, and more.
That’s not real growth. That’s phantom growth. It’s time for a new approach.
Higher average balances per account.
more non-interest income.
less reliance on expensive CDs.
Check out these additional resources to learn how Kasasa can help you achieve real growth.
