Megan Cummins works with Raddon clients, providing analytical, strategic and tactical recommendations. During her 14 years with Raddon she has held a variety of roles in Performance Analytics and Integrator™ training and implementation. She earned a bachelor’s degree in Finance and an MBA in Marketing and Management from North Central College.
We recently wrote about how to grow deposits. Just as important as deposit growth is deposit retention. You can grow at a rapid pace, but if all of your deposits are walking out the door, you obviously won’t be growing.
Are you looking for deposits in all the wrong places? In today’s challenging funding climate, most institutions are looking to maintain and grow deposits to help them manage the cost of funds in a rising rate environment.