Record #:

43751

Author(s):

Christenson, Steve

Abstract:

The author suggests as community banks are now seeking more deposits, a key strategy for doing so is IRAs. With deposit products now becoming more competitive, IRA's, as long-term investments for every consumer group, offer opportunity for banks to provide a valuable service and gain long-term clients and deposits.

Source:

Carolina Banker (HG 2153 N8 C66), Vol. Issue , Summer 2019, p26-27, il

Subject(s):

IRA Deposits; Banking--IRAs