Ep. 78 - The case to grow deposits when the world is flush with cash
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Description
Revenue pressures from excess liquidity could create opportunities for community banks to take market share while competitors retreat. In the episode, Jeff Marsico, president at bank advisory firm Kafafian Group, and Jeff Weaver, president and CEO at Dallas-based American Bank suggested that banks should take a contrarian view to the challenging revenue environment and build core deposits, lend to industries most heavily impacted by the pandemic and invest in technology to remain relevant.
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