Cost of funds is one of the first metrics we learn in banking school. However, in today's environment, it paints an inaccurate picture. Consider cost of deposits instead.
Community financial institutions need fresh channels for growth
No one knows the future, but some things are pretty clear. Ask the magic 8-ball what banks and credit unions can expect in 2021 and beyond.
Kasasa® is an award-winning financial technology and marketing services company dedicated to helping both community financial institutions and consumers experience what it means to “Be Proud of Your Money.” We’re known for providing reward checking accounts consumers love, the first-ever loan with Take-Backs™, relationship-powered referral programs, and ongoing expert consulting services to community financial institutions.
By working exclusively with community banks and credit unions, Kasasa is helping to strengthen local economies across the nation, building a virtuous cycle of keeping consumers’ dollars where they can do the most good. Our mission is to power a network of financial institutions in all 50 states offering products and services that are clearly beneficial for the consumer and the institutions offering them.
For more information, please visit www.kasasa.com, or visit Twitter, Facebook, or LinkedIn.