News Summary:
Vericast recently emphasized that achieving sustainable deposit growth requires a precise approach, distinguishing it from attracting rate-sensitive deposits through higher rates, which can escalate costs and result in fund migration when competitors offer superior deals. On July 7, 2026, the company advocated for financial institutions to transition from disconnected, campaign-based marketing to developing an "always-on growth engine" to consistently attract new account holders, grow deposits, and optimize marketing ROI. Earlier in July, Vericast provided insights into marketing budget optimization for Chief Marketing Officers at financial institutions, offering actionable tips on legitimizing spend, justifying initiatives, calculating critical metrics, and presenting key performance indicators to demonstrate marketing return on investment. Previously, on June 24, 2026, Vericast highlighted its over 150-year legacy of serving financial institutions, attributing its endurance to a sustained commitment to adaptability and relevance, building on its Harland Clarke heritage. In June 2026, F&M Bank implemented Vericast’s Census Tract Marketing solution to improve its Community Reinvestment Act (CRA) performance, utilizing more precise data and clearer visibility into underserved neighborhoods to make community outreach more intentional and impactful.
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