For much of the past decade, commercial banking was defined largely by a competition to make loans, not a competition to attract deposits. Interest rates were historically low, and customers had little incentive to move their cash from one institution to another. That changed when interest rates began climbing in 2022, according to Currency Bank
Why this local banking CEO says deposits are ‘sexy again’
Sign up for the free Daily Report email – local news about the people, companies and issues that impact business impact business in Baton Rouge and beyond.
