The Art and Science of Deposit Performance and Pricing for Community and Regional Banks
Speakers: Darryl Demos, Managing Director, Novantas; Doug Freeman, Chief Corporate Banking Executive, BankAtlantic; Laura Guary, VP, Manager of Financial Analytics, BankAtlantic; Rich Solomon, Director, Novantas
Moderator: Erin Handel, Chief Operating Officer, Bankerstuff
Register now
Registration is open until 1:00 CDT on March 30, 2010
Program Description
While community and regional banks may provide the best service in the market, the top 10 banks in the country have had a distinct advantage imbedded in their pricing decisions for deposits - they actually know precisely what will happen to balances and margins when they change prices for individual products in a market. Regardless of the rate environment, your interest sensitive products are going to perform in a predictable manner by product and by market.
Large banks have teams of analysts with PhD's and statistical degree to build their own sophisticated models.
Historically most community and regional banks have used instinct, gut feel, competitive rate sheets, and some good old banking experience when it comes to setting pricing policy. Don't be mistaken...using instinct and experience works - that's the art. But if you add in some science, you can reap millions of hard dollar benefit to the bottom line and dramatically improve the quality of your decision making.
In this webinar, you will hear how BankAtlantic, in partnership with Novantas benefited from introducing a little "science" and technology into their deposit performance management.
In addition to a market overview from Novantas, you will receive a detailed case study overview from BankAtlantic and learn:
-
How they used "market or city" specific pricing and when does it make sense for other community banks to do so
-
What tools helped to specifically predict what will happen to balances as you move rates higher or lower
-
Common mistakes in tier pricing and what tools BankAtlantic used to identify the opportunities
-
How BankAtlantic upgraded their pricing process to save time and improve the quality of collaboration across marketing, finance and branch banking leaders
Webinar Cost
Please note that the price listed for this webinar includes:
- One connection per site into the live online webinar presentation (invite others to participate at your location for free!)
- Resource materials
- Access to industry experts and nationally known speakers from the convenience of your office
|
March 30, 2010
|
1:00pm - 2:00 pm Central Time
|
$49.95 per location
|
Register online
|
Credit card payments only for online registration, if you prefer to pay by check, please contact bankerstuff customer service at the number below. You will be prompted for your credit card information when you register. MasterCard, Visa and AmericanExpress are accepted. If you have any questions regarding payment information, please contact bankerstuff at 1.866.599.8234 or jeff@bankerstuff.com.
Cancellation Policy: If you need to cancel your registration, you must contact bankerstuff 24 hours prior to the start of the webinar. You will receive a full refund of all fees paid less a $25.00 cancellation charge. To cancel, please call bankerstuff at 1.866.599.8234 or e-mail us at jeff@bankerstuff.com.
The Art and Science of Deposit Performance and Pricing for Community and Regional Banks
Speakers: Darryl Demos, Managing Director, Novantas; Doug Freeman, Chief Corporate Banking Executive, BankAtlantic; Laura Guary, VP, Manager of Financial Analytics, BankAtlantic; Rich Solomon, Director, Novantas
Moderator: Erin Handel, Chief Operating Officer, Bankerstuff
Register now
Registration is open until 1:00 CDT on March 30, 2010
Program Description
While community and regional banks may provide the best service in the market, the top 10 banks in the country have had a distinct advantage imbedded in their pricing decisions for deposits - they actually know precisely what will happen to balances and margins when they change prices for individual products in a market. Regardless of the rate environment, your interest sensitive products are going to perform in a predictable manner by product and by market.
Large banks have teams of analysts with PhD's and statistical degree to build their own sophisticated models.
Historically most community and regional banks have used instinct, gut feel, competitive rate sheets, and some good old banking experience when it comes to setting pricing policy. Don't be mistaken...using instinct and experience works - that's the art. But if you add in some science, you can reap millions of hard dollar benefit to the bottom line and dramatically improve the quality of your decision making.
In this webinar, you will hear how BankAtlantic, in partnership with Novantas benefited from introducing a little "science" and technology into their deposit performance management.
In addition to a market overview from Novantas, you will receive a detailed case study overview from BankAtlantic and learn:
-
How they used "market or city" specific pricing and when does it make sense for other community banks to do so
-
What tools helped to specifically predict what will happen to balances as you move rates higher or lower
-
Common mistakes in tier pricing and what tools BankAtlantic used to identify the opportunities
-
How BankAtlantic upgraded their pricing process to save time and improve the quality of collaboration across marketing, finance and branch banking leaders
Webinar Cost
Please note that the price listed for this webinar includes:
- One connection per site into the live online webinar presentation (invite others to participate at your location for free!)
- Resource materials
- Access to industry experts and nationally known speakers from the convenience of your office
|
March 30, 2010
|
1:00pm - 2:00 pm Central Time
|
$49.95 per location
|
Register online
|
Credit card payments only for online registration, if you prefer to pay by check, please contact bankerstuff customer service at the number below. You will be prompted for your credit card information when you register. MasterCard, Visa and AmericanExpress are accepted. If you have any questions regarding payment information, please contact bankerstuff at 1.866.599.8234 or jeff@bankerstuff.com.
Cancellation Policy: If you need to cancel your registration, you must contact bankerstuff 24 hours prior to the start of the webinar. You will receive a full refund of all fees paid less a $25.00 cancellation charge. To cancel, please call bankerstuff at 1.866.599.8234 or e-mail us at jeff@bankerstuff.com.