Takeaways from American Banker’s Retail Banking conference

The conference reinforced my belief that deposits will be a big theme this year and next. Several speakers hinted that a gap between the “haves” and “have-nots” of a strong deposit base will widen, and will likely align along size. Consider that banks with more than $250 billion in assets grew their deposits by 4 percent year-over-year (YoY) in 20171 due to technology spending (e.g., mobile banking)2 and a wider branch footprint. Meanwhile, banks with less than $10 billion in assets lost 2 perce
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