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 that has been fueling major growth since the bank’s launch with MANTL in 2021. Cambridge Savings Bank is originating over 30% of its new accounts online, well above the industry average of 5 -10%, and acquiring core deposits 6X faster and cheaper than its brick-and-mortar locations.

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