Thread Options
#1727289 - 08/03/12 06:20 PM Bank On Programs
JUST CALL ME CRA Offline
100 Club
Joined: Aug 2002
Posts: 133
SOMEWHERE
I wondered if other banks that participate in a "Bank On" program might be willing to share their retention rate on the accounts opened through that program? Thanks.
_________________________
Opinions do not reflect opinion of employer and cannot be relied upon as advise.

Return to Top
CRA
#1727301 - 08/03/12 06:32 PM Re: Bank On Programs JUST CALL ME CRA
Pale Rider Offline
10K Club
Pale Rider
Joined: Aug 2002
Posts: 34,318
under the Lone Star
That information would be anectdotal and heresay as far as I know. Retention might be reported by the Fed in the aggregate for each Bank On program, but not by individual bank.

That being said, the problem with the accounts opened by the unbanked or underbanked has been usage more than retention, in my opinion. Although I am sure both are a concern when determining how to make these accounts profitable.
_________________________
Societies that do not find work in and of itself "pleasing to God and requisite to Man," tend to be highly corrupt.


Return to Top