Rhyze Solutions’ Post

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In this encouraging piece, Rochdale points out a pronounced uptick in liquidity for financial institutions this year: “In the first quarter of 2024, aggregate deposit growth for the industry was nearly 11% on an annualized basis.” It goes on to argue that the increase can be attributed more to “Fed policy and changes in the money stock and the velocity of money” than consumer behavior, implying that this trend could continue throughout the year. If your credit union has found itself with more liquidity to steward all of a sudden, that’s a good problem, and solving it is what we do at Rhyze! Reach out directly or via your Allied Solutions LLC representative to learn how. https://lnkd.in/g5yfqCQb

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