What Money Movement Means for Deposits

With deposit strategy a top priority in 2023, bank leaders should take a careful look at their deposit base to better understand potential vulnerabilities, says Lee Wetherington, senior director of corporate strategy at Jack Henry. They should also consider targeted and proactive strategies that help their institution hold onto significant depositors. The most successful banks, he explains, will be those that can translate their relationship-based business model within a digital context.

  • New Concentration Risks
  • Solving for Real-time Fraud
  • Sensitivity to Deposit Outflows

Lee Wetherington

Senior Director of Corporate Strategy

Lee Wetherington is the senior director of corporate strategy at Jack Henry & Associates, Inc. Mr. Wetherington directs the development of actionable insights, forecasts and strategy for Jack Henry and the financial services industry at large. To this end, he guides a team of analysts who track the trends and implications of emerging technologies disrupting and transforming the banking industry. He delivers keynotes nationwide focusing upon opportunities and challenges in fintech, payments and digital banking.