Embrace an agile mindset, protect your margins and encourage loan growth.
Community banks have been on a liquidity roller coaster for the past few years. Not so long ago, we were talking about a lack of liquidity. Now, the challenge is having too much.
During the pandemic, community banks funded nearly $150 billion in PPP loans, the proceeds of which many borrowers simply turned around and deposited into their accounts. Now that the loans have been (or are being) forgiven, a large portion of these funds remain on deposit, and community banks face several challenges:
All of this adds up to a need for banks to adopt an agile performance banking culture to minimize that excess liquidity and encourage loan growth.
In a new white paper, Deluxe's financial performance strategists share their top three solutions and strategies for utilizing extra funds and combatting NIM compression. Download your complimentary copy of Banking in 2021: Solving the Challenge of Excess Liquidity today.
Complete the form to receive your copy today.