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Deposit Profitability – The Operating Cost of Your Deposits

South State Correspondent

First, it makes sense that banks spend the most marketing dollars on business checking and money market accounts. It also is the one product in banking that has the highest correlation to cumulative lifetime profitability. It pays more than a checking account but provides more flexibility than a CD. CDs are much the same way.

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Ensuring a Sustainable Legacy: The Role of Wealth Management in Estate Planning

Ublocal

In this post we’ll discuss how wealth and asset management services—like those we offer at Union Bank—can help you prepare for the unexpected and grant peace of mind to you and your loved ones during uncertain times. Certificates of Deposit : CDs can be useful investment tools, especially for individuals approaching retirement.

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What is a Certificate of Deposit (CD) and How Do They Work?

Ublocal

During times of market volatility, like those we’re experiencing today , many individuals interested in building their nest egg, or saving for a specific goal, look for alternatives that offer less risk and more stable returns than traditional stocks and stock-based accounts. What is a CD? How are interest rates determined?

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Here Are 15 of the Best Deposit Marketing Campaigns Ranked

South State Correspondent

The approach is a mess, yet it is done every day in banking. In this article, we will show you 15 proven deposit marketing campaigns that will rack up deposit-gathering wins while building a high-performing bank in the process. Marketing is one of the largest value drivers in banking.

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Cash-Equivalent Accounts: The Safest Types of Investments

MyBankTracker

Cash-equivalents are the institutional version — cash that you hold in financial institutions, like banks and investment brokerage accounts. Short-term certificates of deposit (CDs). CDs are essentially investment contracts offered by banks. CDs typically come with automatic rollover provisions.

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How to Open a Bank Account Online at Union Bank

Ublocal

Union Bank is dedicated to constantly improving our products and services, and offering customers the latest technology. From Mobile Banking and Online Banking , to secure P2P Payments and Advanced Fraud Protection and Security , we strive to keep our customers, and their assets, safe, while conveniently accessible online.

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Community Banks and Our Retirement Problem

Jeff For Banks

It called for the establishment of USA Retirement Funds to re-establish pension funds as part of the three-legged stool of social security, pension, and personal savings. This equates to saving $17,000 per year, every year, until this family reaches 67. So how can this family save $17,000 of a $50,000 annual income? that reads.