Next to digitizing the credit process and allowing for online/mobile account opening, building out your commercial treasury management platform should be under consideration by every bank over $700 million in asset size.
A good treasury management platform helps acquire valuable commercial customers, assists in building balances, generates fees and, most of all, dramatically boosts the lifetime value of customers by jumping up retention rates.
In our definitive list, we've provided a complete overhaul of the products and services that can help you to achieve growth. All organised into categories for:
- banks under $500mm
- banks $500mm to $1b
- banks $1b to $10b
- banks over $10b
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Reprinted for Superior Press with express permission by Chris Nichols, Center State Correspondent Division, 2018.