Is Your Credit Union Engaging in the Battle for Deposits?

CUs must strike a balance between increasing risk appetite, retaining membership and expanding deposits.

By Charlie Peterson | May 12, 2023 at 09:00 AM

two hands exchanging money through mobile phone

The recent Silicon Valley Bank collapse has all eyes on deposits – primarily growing deposits despite economic difficulties. Is your credit union feeling the tense battle for deposits? Credit unions must strike the balance between increasing risk appetite, retaining membership and expanding deposits.

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