Statewide FCU Leverages OAO To Drive Deposits and Member Growth
Learn about how Statewide engaged several trusted partners, along with new onboarding technology, to execute a targeted growth strategy that would achieve its deposit goals.
Key Learnings
The Story
Like many community financial institutions, Statewide Federal Credit Union realized huge deposit growth at the top of the pandemic. However, as interest rates began to rise, deposits started to move as many people sought out the best rates on deposit products. The credit union needed to find ways to shore up stable deposits.
They sought a way to attract new depositors and deepen wallet share with existing members, especially among younger generations. Learn about how Statewide engaged several trusted partners, along with new onboarding technology, to execute a targeted growth strategy that would achieve its deposit goals.
Interested in learning their story? Download the PDF below for more details.
Table Of Contents
