Deposit Strategies in a Fed Tightening Cycle

Recorded On: 03/30/2022

One of the biggest influences on margin success in the near term will be the ability to manage deposit costs during the upcoming Fed tightening cycle. The market and industry dynamics are unique; we enter this cycle with the most deposit growth we have ever seen in a concentrated period. But questions remain. How will these dynamics influence deposit volatility? What are optimal pricing strategies as rates start to move? Financial institutions need to map out their deposit game plans now, particularly if the Fed is aggressive early in the cycle to lower inflation.

Join Darling Consulting Group on Wednesday, March 30, 2022 at 2:00 PM ET to share ideas on deposit initiatives, data analytics insights, and whether lessons learned from previous cycles still apply today.

Managing Directors Joe Kennerson and Billy Guthrie will focus on:

Assessing lag capacity and offensive vs. defensive initiatives
Strategies to minimize cannibalization and lower marginal cost of funds
Deposit surge trends and expectations
Identifying at-risk customers
Differentiating attrition from loss of relationships vs. discretionary funds

Please forward this invitation to your team. Attendance at this free, CPE credit eligible webinar is limited.

Joe Kennerson

Managing Director

Darling Consulting Group

Joe is a Managing Director at Darling Consulting Group, where he works directly with senior management teams on building customized balance sheet strategies to improve earnings and manage risk. Joe strives to be an expert in overall Asset Liability Management and educates ALCOs in the inevitable balance of financial performance and regulatory appeasement. In 2021, Joe spoke at 28 industry associations reaching nearly 3,000 bankers. He is an expert at helping bring clarity to the complex and delivers a high level of energy to his ALM presentations.Joe has been with DCG since 2005, where he has benefited from working with nearly a thousand ALCOs throughout the country on ALM and strategic initiatives. He lives in Boxford, MA with his wife and two children and has been an active member of the Big Brothers Big Sisters program. Joe is a graduate of the University of New Hampshire with a degree in finance.

Billy Guthrie

Managing Director

Darling Consulting Group

Billy is a Managing Director at Darling Consulting Group, working directly with financial institution executives to validate and better understand key deposit assumptions utilized in risk models. In addition to supporting core deposit study analyses, he also educates DCG’s client base on utilizing data analytics to support strategic deposit decisions through Deposits360°^®, DCG’s proprietary tool.

Billy began his career with DCG in 2008 as a financial analyst. He is a graduate of the University of New Hampshire with a degree in finance and management.

Participants will earn 1.0 CPE credit
Field of Study: Management Services

Additional Information
Prerequisites: No prerequisite and/or advance preparation is required
Who Should Attend: This session is designed for all levels, including CEOs, Presidents, CFOs, Directors, CROs, treasurers, risk managers, model development and model risk practitioners, auditors, senior management, and analysts
Advanced Preparation: None
Program Level: Basic
Delivery Method: Group Internet Based

Cancellations and Complaints
For more information regarding complaints and/or program cancellation policies, please contact Stephanie Pitman at (978) 463-0400 ext. 174.

Darling Consulting Group, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.