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Chase, Not Discourage, Core Deposits

Chase, Not Discourage, Core Deposits
Jul 15, 2025 4:18:18 PM

Everyday is core deposit growth day in our company!  Today's rate environment is ideal for gathering dry powder on the liability side of the balance sheet.  

If I'm having to spend time pondering short term decisions, then I must've not done a very good job positioning our balance sheet for the intermediate and long term.  Short term spreads are incidental.  


John M. Barrett
President & Chief Executive Officer
jbarrett@firstcitrus.com
T: 813.926.1314
10824 North Dale Mabry Hwy.
Tampa, Florida 33618
American Banker 2020 Top 100 Community Bank
Greater Tampa Chamber 2019 Small Business of the Year Winner
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Original Message:
Sent: 6/2/2021 11:06:00 AM
From: Barb Rehm
Subject: Chase, Not Discourage, Core Deposits

Chasing deposits now? Seems silly seeing with banks so flush with deposits. That's why I choose this counter-intuitive story from S&P Global Market Intelligence for your complimentary post this week. It provides a compelling counterargument using a bank – Dallas-based American Bank – to illustrate how and why NOW can be the time to lock in deposits. "We probably are giving up some basis points here and there as we're growing our deposit portfolio, but we really have a long-term view of this," American CEO Jeff Weaver said. "And we want to build those relationships today that are going to be with us a long time."

What do you think? Read the story and let me know if you think now is the time – before loan demand picks up – to be pulling in more core deposits.



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Barb Rehm
Senior Managing Director
IntraFi Network
Arlington VA
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