Darling Consulting Group is pleased to announce our inaugural webinar of the year, exclusively tailored to the Deposits360°® community: Deposit Predictions for 2024.
Reflecting on 2023, the industry experienced heightened liquidity concerns, accelerated deposit attrition, rapid migration into time deposits, and a significant uptick in the cost of funds, taking many institutions by surprise. Anticipating deposit behavior patterns remains a critical strategic challenge, but difficult questions remain. What lies ahead for deposit portfolios in 2024? Will interest expense continue to creep higher intensifying margin compression or could rising funding costs potentially reverse direction? And most crucially, what actionable steps can be taken today to navigate these imminent challenges.
Be sure to join Justin Bakst, Billy Guthrie and Jon Weiner for this exclusive event. They will revisit 2023 predictions and delve into our predictions for 2024, drawing on DCG’s proprietary research and selected use cases that leverage cross-institution analysis, encompassing over 2.5 billion individual deposit records across 5,000 branches in 50 states. This comprehensive study spans two decades of rate cycles.
We look forward to your attendance and participation._1709609244305