How Banks and Credit Unions Can Grow Deposits with AI

“The average new-account attrition rate after six to 12 months is 28%, he says, and can be as high as 35%. Further, 65% of acquired deposit customers turn out to be single-service households, on average. “All these things can be attacked with a good strategic plan supported by analytics and artificial intelligence,” Henkel states.”

https://thefinancialbrand.com/88016/bank-credit-union-marketers-deposits-ai/

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