Deposit Profitability – The Operating Cost of Your Deposits
South State Correspondent
SEPTEMBER 30, 2022
Cost of Deposit Sales and Marketing. To derive the foundation of deposit profitability, you start with your sales and marketing costs. The per year, per depository account cost of deposit sales and marketing by-product, can be seen below: A couple of items jump out at you when analyzing the above data. CDs are much the same way.
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