The urgent need for liquidity has created an ever-growing funding gap — forcing banks and credit unions to pay higher costs for deposits. This has led to increasing costs of funds (COF) that become harder and harder for local institutions to sustain. You can grow low-cost deposits by building primary financial relationships.
all-in cost to grow deposits1
less reliance on hot CD money2
less increase in COF2
in total deposits last year, while the industry declined2
1Kasasa Analytics, 2023
2NCUA/FDIC Q2 2023 vs. Q2 2022
Kasasa is more than a suite of innovative products. Over 20 years, we’ve identified the precise formula for measurable success.
Kasasa checking and savings accounts offer rewards people love. Get the best product designs to meet your specific goals.
Build on the equity of a national brand with tested multi-channel marketing programs — tailored for your institution and market.
Welcome your future account holders with a responsive website that follows best practices for UX, SEO, and ADA compliance.
Make it easy for people to open and fund accounts online with applications that can be completed in minutes.