Login to Bank Services

Enter your email address and password below to gain access.

04/12/2023

Paying Up in an Uncertain Market

Even before a global banking crisis began in mid-March, which occurred after many of the interviews in this article, banks were starting to feel the pressure on their funding bases because of rising interest rates. That had community institutions like $1.5 billion Main Street Group Bancshares paying up for deposits, especially for the bank’s largest depositors. “We’re constantly looking at our rates and products, just like so many other banks. We are working hard to demonstrate value for our top 1,000 customers and reaching out to them. We’re raising our deposit rates as much as we can,” says Walter Dwyer,…

You have accessed a resource that is only available to our Bank Services members and Subscribers.

From how-to articles, director training videos, key interviews with industry leaders and more, Bank Services provides bank executives and directors with the tools to help grow their financial institutions. To sign up for exclusive access to this online bank board resource, please contact Bank Services at 615-777-8461 or [email protected].

Read The Article

Please enter your username and password below. If you have established a password please click ‘forgot your password’

WRITTEN BY

Laura Alix

Director of Research

Laura Alix is the Director of Research at Bank Director, where she collaborates on in-depth strategic research for bank directors and senior executives, including Bank Director’s annual surveys. She also writes for BankDirector.com and edits online video content. Laura is particularly interested in workforce recruitment and retention strategies, and environmental, social and governance issues facing the banking industry. Previously, she covered national and regional banks for American Banker, and before that, she covered community banks for Banker & Tradesman and The Commercial Record. Based in Boston, she has a bachelor’s degree from the University of Connecticut and a master’s degree from CUNY Brooklyn College. You can follow her on Twitter or connect on LinkedIn.

Join OUr Community

Bank Director’s annual Bank Services Membership Program combines Bank Director’s extensive online library of director training materials, conferences, our quarterly publication, and access to FinXTech Connect.

Become a Member

Our commitment to those leaders who believe a strong board makes a strong bank never wavers.