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Becoming a Deposit Growth Machine

How to remove operational inefficiencies and propel your institution towards growth and profitability

The need to retain and grow core deposits is on every industry leader’s mind. As the Federal Funds Rate increases, funding competition has begun to come home to financial institutions. Leaders are looking for ways to build resiliency in their institutions as the current rate environment strains the balance sheet.

Institutions that have overcome inefficiency, and achieved incredible growth, say that it was their approach to buying technology that created their success.

Read the repot to learn how MANTL helps institutions eliminate major inefficiencies, and more, including:

  • Average improvement in initial account funding: 4x
  • Average improvement in application conversion rate: 3x
  • Median time to open a consumer account: 6 mins
  • Median time to open a business account: 16 mins

Read the full report to learn how to become a deposit growth machine by removing operational inefficiencies.