When Seattle Bank couldn’t find the right solution for asset growth, they built one themselves. In this episode of Behind the Vault, CEO John Blizzard shares how they created CD Valet, a marketplace helping community banks compete for deposits nationwide.
Key topics from our conversation:
- How Seattle Bank identified the CD marketplace gap
- Building and scaling a fintech solution as a community bank
- Raising $150 million in deposits in 10 weeks
- Technology and team requirements for nationwide reach
- Taking CD Valet from an internal solution to a standalone business
Essential insights for:
- Bank executives seeking deposit growth strategies
- Community banks exploring fintech opportunities
- Financial institutions evaluating CD strategies
- Banking innovators and product developers
For more info:
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This is Behind the Vault: Conversations with Customer-Driven Bankers, the podcast dedicated to empowering CEOs, Presidents, and CMOs in the community banking and credit union industry. In this digital era, your role as a leader in these financial institutions is more crucial than ever. Join us as we explore the stories, strategies, and successes of fellow industry leaders, providing you with actionable insights to drive your institution toward unparalleled success.
To apply to be a guest on Behind the Vault: http://behindthevaultpod.com/guest