Deposit Base

or Register to post new content in the forum

 

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Aug 12, 2008 7:05 pm

Does anyone know if there is a guideline/average to the level of production one should do based on (bank side) deposit base, in a bank environment?

Aug 12, 2008 7:10 pm

Deposit base isn't nearly as important as branch culture as MOST of the assets you are looking for will be from OUTSIDE the branch.

Aug 13, 2008 10:27 am

You'd be amazed how much people keep in a bank checking or savings... I wish I could remember half the customers with over 100k in a single account, beyond the level covered by fdic (no bene's, no joint owners).  Granted the bank I worked at was in an affluent area, but still.  I gave the bank rep I worked with some whales.

Aug 15, 2008 5:41 pm

its based on avg penetration rates of your bank. which is anywhere from 5-10%

for example $100,000,000 branch deposit base X .05 = $5,000,000
 
then take that # (in this case) $5,000,000 X 2.5%(avg sale gdc based on VA & Fixed inc) = $125,000.
 
hope that helps.