Pave a path to long-term resilience in a high interest rate environment.
MANTL CRO Mike Bosserman talks about rising interest rates, deposit priorities, and what community banks can do to foster long-term resilience.
“With the right technology in place, you can regain a competitive advantage,” Mike told us. “You can pivot in response to whatever’s going on in the macro environment. You can turn the tap on in a liquidity crunch, then turn it back off when deposits become a lower priority. That kind of agility will be critical to future-proofing your institution.”
With community banks at a bigger tech disadvantage than ever, you have to ask yourself: what’s the opportunity cost of failing to act now?