Why Is It So Important to Hold On to Low Cost Deposits [VIDEO]
Low-cost deposits are the ultimate margin advantage. Discover how top 5% performers attract them consistently—and why most banks fail to compete.
What if you thought about your bank as a franchise?
Seriously, any business should think of itself as a franchise system. And everything in your bank should be thought of as a system. And of all the bank franchise systems, the most important of those is the revenue system.
Let’s face it. Revenue solves lots of problems.
But most banks really don’t have a revenue system. They have a lot of well-meaning people who work very, very hard, make a lot of calls, and try really hard. But they don’t have a system to figure out and identify who your next most profitable customer is.
Seriously, there are top 100 next best prospects. So how do you figure out who they are? And then how do you put them into a system?
If you don’t have a system:
This takes a system. And it’s going to take great adherence to a well-thought-out A/B split-tested system.
It works. In fact, there are banks that have radically transformed their performance and profitability by thinking of their bank as a bank franchise system and putting all the elements in place. And then the crazy thing is watching everyone execute with perfection as opposed to winging it.
That’s the game you want to be thinking about. So think of your bank as a franchise system. But of all the franchise systems, the most important system of all is that of safe, profitable revenue.
– Roxanne Emmerich
Please watch the video above and share it with your exec team and board.
Want to find out more about the bank franchise system that can get you to top-of-peer performance and stay there? Get your copy of the Breakthrough Banking Blueprint here.
Low-cost deposits are the ultimate margin advantage. Discover how top 5% performers attract them consistently—and why most banks fail to compete.
Top banks don’t complain about regulation, they execute around it. Here’s how the elite outperform anyway.
Premium pricing isn’t a tactic—it’s a mindset. When belief is missing, margin and legacy are at risk.
When leaders tolerate excuses, excuses become culture. Discover how extraordinary bank executives shift employees from helplessness to accountability, confidence, and extraordinary performance.
Most bank strategic plans are loaded with goals but surprisingly short on actual strategies. Discover four shifts that align your plan with profitable customers, execution, accountability, and growth.
Forget templates. Roxanne Emmerich reveals how top banks burn the rulebook and build execution systems that deliver relentless results.
Roxanne Emmerich exposes the toxic lie behind most strategic plans—and the second-order thinking top banks use to pull away from the pack.
Your boardroom may be your biggest blind spot. Discover how elite banks fix strategy at the Breakthrough Banking Blueprint™ Bootcamp.
Great employees don’t automatically produce great bank results. Discover why Top 5% performance requires employees who understand profitability, create deeper relationships, command premium pricing, and become trusted advisors customers never want to leave.
Elite banks aren’t born elite. They build systems, practice the right behaviors, and continually sharpen how they create value. Discover what helps top 5% banks reach exceptional performance—and stay there.