fbpx

How to Raise $100M in Core Deposits in < 90 Days

Four digital deposit strategies fueling Cambridge Savings Bank’s $530M+ deposit growth in two years

Cambridge Savings Bank, a Boston-based community bank, is successfully executing a multifaceted digital deposit strategy since the bank’s launch with MANTL in 2021.

Cambridge Savings Bank has been fueling major growth, including:

  • Originating over 30% of new accounts online, well above the industry average of 5 -10%
  • Acquiring core deposits 6X faster and cheaper than its brick-and-mortar locations

Read the whitepaper to learn some proven strategies and best practices from Cambridge Savings Bank to grow deposits quickly and cost-effectively.

Read the full story from Cambridge Savings Bank