5 Strategies for Bank Program Growth
If there is one overriding message from banks to their investment programs, its this: Show us the growth. As low interest rates and sluggish loan demand continue to make healthy profit streams from traditional deposit and lending activities harder to come by at FIs, investment programs are increasingly viewed as a critical channel for generating non-interest income, according to LPLs Rob Comfort.
Comfort wrote about five strategies for that growth in his latest blog. Here we present the nut-shell version of those strategies.