(this press release was originally published via business wire)
NEW YORK--(BUSINESS WIRE)--Chimney, a leader in financial guidance for the digital age, now features over 30 banks across the country on the client roster. Using Chimney’s interactive financial tools, these banks offer personalized digital experiences that generate deposits, and drive new customer acquisition and expanded wallet share.
“Deposit retention and acquisition is top-of-mind for most financial institution executives in 2024. Chasing deposits with conventional tactics, like offering the highest rates, is not always best for a bank’s balance sheet, nor does it always mean it's the best product offer for a given customer”
Among the newest banks to partner with Chimney include:
With Chimney’s embedded financial tools, these banks can engage more customers digitally, generate core deposits, and fund more loans with intelligent recommendations that guide customers to the right products. The company’s solutions, which include its award-winning financial calculators, are designed to help banks cultivate strong customer relationships and capture more data to grow wallet share. The company’s new clients will also have access to Chimney Home, which elevates the online banking experience for homeowners by giving them the tools, data, and insights they need to manage their biggest investment.
“Deposit retention and acquisition is top-of-mind for most financial institution executives in 2024. Chasing deposits with conventional tactics, like offering the highest rates, is not always best for a bank’s balance sheet, nor does it always mean it's the best product offer for a given customer,” said Matthew Covi, co-founder and CEO of Chimney. “Chimney’s product suite addresses these challenges. Our suite of interactive tools sets banks on the path toward deeper depositor relationships through increased engagement, more informed product offers and better opportunities to cross-sell. We’re honored to partner with our growing network of community banks and empower them with the technology they need to foster deep customer relationships in any economic climate.”
About Chimney
New York-based Chimney delivers modern, interactive tools that help banks and credit unions compete for wallet share in a digital-first world. Winner of the FinovateSpring 2021 Best of Show and FinovateFall 2023 Best of Show, Chimney’s solutions are built for the digital age – designed to engage and win more customers, capture better customer data and move leads faster. The company’s newest product, Chimney Home provides homeowners with actionable advice about their home value, home equity, borrowing power and pre-qualified offers - embedded within the digital banking channels today’s customers prefer. Chimney strives to help financial institutions of all sizes best serve the customers within their communities. That’s why the company is trusted by over 90 financial institutions nationwide, including several top banks and credit unions by asset size. For more information, visit www.chimney.io.
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