Savings Banks

With Savings Banks on the Decline, Is it Time for a Shift in Customer Strategy?

We've all heard it: The future of community and savings banks is at stake.

It's no secret that community banks are facing difficult times, and with the number of community FIs down 66% nationwide from just 23 years ago, something's got to give.  

One prominent Michigan-based community FI is partnering with Galapagos to meet the challenge head on with a new approach to customer strategy. Read on to understand the changes Eaton Federal Savings Bank is making to lead an industry in decline.