In today's world, modern means mobile.
Customers are flocking to the banks providing in-demand mobile financial services that are part of their checking products. Not just Millennials, but traditional customers as well. Modern checking products provide many ways to win — enhanced customer connection, more fee income, higher cross sales and better retention.
The Big Banks are winning big
82% of Millennials who switched banks last year went to a big bank (the top 10 by asset size). 78% of all customers who switched banks last year went to a big bank.
And big banks want to win even bigger. Chase and others are going after new checking accounts even further, paying a hefty price to get your customers to switch to their bank.
fight back with modern mobile checking they don't have.
Our mobile app, powered by our exclusive BaZing technology and totally personalized to your bank's name, look and brand, will make your bank a bigger part of the relationship your customers have with their phones. And will keep the other banks out.
Our app is an unmatched tool that connects everyday mobile use with a traditional checking account. It delivers the everyday benefits that customers need and big banks aren’t providing, like local merchant and national retailer discounts, cell phone protection, roadside assistance and more.
Plus, we’ve proven these modern, mobile benefits are fee-worthy, generating millions in customer-friendly revenue annually for our clients. That’s right, we’ve monetized mobile.
Our BaZing app, tailored specifically for your bank’s checking situation using our CheckingScore analytical tool, will immediately boost your bank's bottom line with product and pricing solutions that improve customer retention, deepen relationships and/or increase customer friendly fee income depending on each customer’s existing connection with your bank.
Our typical clients experience:
- 12% increase in deposits
- 17% increase in debit interchange fee income
- 37% increase in monthly recurring fee income
On average, this yields annual, recurring financial productivity of about $400,000 for every billion dollars of assets over what you’re generating today from your consumer checking portfolio.
StrategyCorps is America's leading specialist in checking account profitability.
Since 2001, we've worked with hundreds of financial institutions of all sizes nationwide. Our experience and knowledge of consumer checking strategy, pricing and customer behavior has provided our clients with hundreds of millions of dollars of financial return. We can do the same for you. It's simple and quick to learn more about how StrategyCorps will help you win the battle for customers. Just request a webinar below, contact us or learn more about our company.
Request a Webinar Or a follow up phone call.
Let us show you BaZing and CheckingScore in action and how to discover your best, most modern and profitable account lineup.