fi-linx

Driving up to Lacey, WA for the Super Bowl yesterday, my mind wandered over work, as usual, and I began thinking about the massive amounts of capital that CU’s have laying around.  Deposit Reclassification’s main job is to free up non-interest earning assets and turn them into income generators for the CU or bank.  If [...]

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In doing industry research about CU’s need for Deposit Reclassification, I’ve stumbled upon some interesting statistics.
CU’s with more than $40M in checking accounts are the target market for Deposit Reclassification.  If all of them were to reclassify their deposits, the average CU with more than $40M in checking would make $352K a year.  Some of [...]

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