Stimulus measures early in the pandemic injected massive amounts of liquidity into the economy. Meanwhile, businesses feeling the uncertainty of the market have opted to park that money for now at their banks. What are banks doing with this glut of deposits? And does this mean they may actually turn away future deposits?
In PrecisionLender's annual survey, commercial bankers gave their views about the impact of 2020 events and the outlook for 2021. In this episode, we compare those survey responses to real-life banker behaviors.