Rising Fed Funds rates make it necessary for bank and credit union executives to re-examine their deposit rates to stay ahead of the competition and maximize profitability.
LOUISVILLE, KY (PRWEB) January 19, 2016
BSG Financial Group, a group of independently organized companies that provides revenue-enhancing programs and compliance solutions for financial institutions nationwide, announced today that it will host a webinar for financial institutions in conjunction with Market Rates Insight entitled, "Price with Precision for Deposit Rate Success." The free webinar will be offered in two sessions: Tuesday, January 26, 2016 at 11:00 am EST and Thursday, January 28, 2016 at 2:00 pm EST.
The webinar—especially relevant to financial institution marketing, retail, and financial officers—will provide strategies to help financial institutions easily and economically obtain comprehensive, in-depth deposit rate data utilizing timely, cloud-based data management tools.
The webinar is being presented in response to rising Fed Funds rates that make it necessary for bank and credit union executives to re-examine their deposit rates to stay ahead of the competition and maximize profitability. Without doing so, financial institutions run the risk of obtaining wrong or outdated competitive pricing data, especially if they rely on phone calls, website searches or free pricing tools.
The webinar is part of an ongoing educational series that BSG Financial Group provides for its clients and potential customers. It will feature speakers Rick Barham and Alex Reyes from Market Rates Insight, a financial services research firm that provides competitive market intelligence.
Who: BSG Financial Group in conjunction with Market Rates Insight
Presenters: Rick Barham and Alex Reyes of Market Rates Insight
When: Tuesday, January 26, 2016 at 11:00 am EST and Thursday, January 28, 2016 at 2:00 pm EST
During the webinar the presenters from Market Rates Insight will teach attendees strategies to:
- Search competitor and products in various geographies
- Obtain competitor pricing reports
- Get emails as soon as competitors adjust rates
- Be notified of competitors' specials and promotions
Attendees will also receive a free Rate Move Alert for the top four banks in the nation after the webinar. Instructions for receiving the free alert will be discussed during the webinar.
About BSG Financial Group
Louisville, Ky.-based BSG Financial Group is a group of independently organized companies that provides revenue-enhancing programs—combined with compliance solutions—for financial institutions to help them meet their financial goals. BSG Financial Group has been a provider of innovative overdraft programs since 1999, including the industry's first cloud-based overdraft management solution, Courtesy Connect(R)/Courtesy Limit™.
The company's additional revenue-enhancing solutions include: Demand Deposit Account Management; Fee-Based Packaged Checking Accounts; Expense Management & Vendor Negotiation; Vendor Management; Social Media Management; and Appraisal Management Services.
BSG Financial Group includes the following companies: CourtesyCloud Management Solutions, LLC; BSG Financial, LLC; IQ Development, LLC; and Sales Performance Group, Inc. For more information about the company, visit http://www.BSGfinancial.com.
About Market Rates Insight
For over 30 years, Market Rates Insight has helped banking executives make better informed pricing decisions. The company serves banks and credit unions nationally with competitive information on deposits, consumer loans, mortgages, and fees. Market Rates Insight provides the most granular historical and refresh pricing data in the industry, helping financial decision makers plan and prepare for likely changes in rates and products. The company’s cloud-based system provides timely and precise competitive data supported by usable graphs and charts.
Market Rates Insight is located in San Anselmo, California. For more information, see http://www.marketratesinsight.com.