Original Source Material
The once-limited lender aims to grow consumer deposits faster than the market, and better branch productivity will become a more meaningful contributor in that endeavor, the bank’s CFO said.
Wells Fargo charts consumer growth after ‘tear-down’
Summary
Wells Fargo plans to increase consumer deposit growth faster than the market; better branch productivity will be a key factor in achieving this goal.
Why It Matters for Texas Credit Unions
The article does not specifically mention Texas credit unions or provide guidance relevant to their operations, compliance requirements, or risk management.