Source: CFM Blog

CFM Blog The Big Game of Banking in 2023 - Competition for Deposits

The FDIC reported a $370 billion decline in deposits in the second quarter of 2022. Now, deposits are still well above pre-pandemic levels. But while large commercial banks are flush with cash, everyone else is working to rebalance their LDR ratios. The competition for deposits is now fierce.

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Followers on Owler

159

Est. Annual Revenue

$5.0-25M

Est. Employees

250-500

CEO

Stephen Baker

CEO Approval Rating

83/100

CFM is an Arizona-based digital transformation platform that offers solutions such as cash recyclers and tablet-banking interface integration for financial institutions.