Calculate the deposit growth and savings you could achieve in year one with Kasasa's retail strategy.
Input your institution's numbers or click the plus sign
to reveal helpful approximations.
How many personal checking accounts do you open per month? On average community banks open 8-10 accounts per branch per month and Credit Unions open about 14-16 accounts per branch per month.
How many personal checking accounts do you close per month? On average 1% of total accounts are closed per month.
How many deposits are you looking to grow next year?
National competitive rates are hovering around 4.5%.
Kasasa's retail strategy can drive incremental deposits in addition to your current deposit trajectory to help you meet this amount of your deposit goal in one year.
of funding goal
Kasasa can help you generate incremental deposits.
Incremental Deposit Growth
Based on your account opening and closings, you are on track to generate this much in deposits over the next year.
Current Deposit Trajectory
The annual expense savings you're missing out on when using CDs versus a high-yield reward checking account.
Annual Savings
All in funding costs calculates the true cost of deposits: (non-interest income) - (interest expense + non-interest expense). Learn more
All In Funding Costs
Contact us to discuss how much you can save to bring in more low-cost deposits.
