CMS Sept 2022

Internal Use Only

Increase in NMD

• Depositors moved away from long term products as rates remained at historically low rates. • Significant changes in technology, demographics, and competition since these deposits came into the banks.

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Internal Use Only

Repricing Betas

Deposit Repricing Betas have many names • Betas

• Repricing Betas • Pass Thru Rate • Price Sensitivity Percentage of a market rate increase that is applied to a deposit account type Beta = Account Rate Change/Market Rate Change

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