
Creating a Community FI CD Marketplace with John Blizzard of Seattle Bank and CD Valet
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 gap
- Building and scaling a fintech solution as a community bank
- Raising $150 million in deposits in 10 weeks
- Technology and team requirements for nationwide reach
- Taking CD Valet from an internal solution to a standalone business
The episode provides essential insights for:
- Bank executives seeking deposit growth strategies
- Community banks exploring fintech opportunities
- Financial institutions evaluating CD strategies
- Banking innovators and product developers
For more info:
- Seattle Bank
- CD Valet
- John's LinkedIn Profile
Information
- Show
- FrequencyUpdated Weekly
- PublishedJanuary 15, 2025 at 11:00 AM UTC
- Length23 min
- RatingClean