For the past few years, I’ve written about the varying circumstances surrounding surge deposits. From “the death of” to the “resurgence,” it seems to be a consistently hot topic—this year, with a slight twist.
While we were previously keeping a close watch on the influx of non-maturity deposits, we’re now seeing increased pressure on funding flowing either from these NMDs into higher-costing CDs or out of financial institutions altogether.
Surge Deposits, Defined
continue reading »