Creating a Community FI CD Marketplace with John Blizzard of Seattle Bank and CD Valet

15/01/2025 23 min

Listen "Creating a Community FI CD Marketplace with John Blizzard of Seattle Bank and CD Valet"

Episode Synopsis

When Seattle Bank couldn't find the right solution for asset growth, they built one themselves. In this episode of Behind the Vault, CEO John Blizzard shares how they created CD Valet, a marketplace helping community banks compete for deposits nationwide.Key topics from our conversation:How Seattle Bank identified the CD marketplace gapBuilding and scaling a fintech solution as a community bankRaising $150 million in deposits in 10 weeksTechnology and team requirements for nationwide reachTaking CD Valet from an internal solution to a standalone businessThe episode provides essential insights for:Bank executives seeking deposit growth strategiesCommunity banks exploring fintech opportunitiesFinancial institutions evaluating CD strategiesBanking innovators and product developersFor more info:Seattle BankCD ValetJohn's LinkedIn Profile

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