Treasury Management with Jessica Pinkston

For that time back in their day and that ease of use.

Nice. So essentially, they’re willing to pay for the service, which is where the non-interest income comes from.

And then the statistic that we found with the intern project was 31% higher deposits in a treasury management account than a traditional business account. So they tend to keep more money on deposit with you as well as a treasury management client.

Absolutely. If you can become that centralized operating account for a business, so where they’re making their payments from and where they’re receiving their payments to, then you’re able to more easily retain those balances. You become the central hub of where that business is running their finances.

Awesome. So, $1.5 million in non-interest income, better deposits, stickier deposits.

How many of you are doing treasury management today? Let us know in the comments. We want to hear from you.

Are you doing treasury management? How many of you didn’t know what treasury management was before this? Because surprisingly, very few do.

Let us know.