The Nomis Index Portfolio Impact Modeler™ for Savings is a simulation tool that models how changes in the target Fed Funds rate could impact a bank’s deposits balances and profitability depending on the pricing response by the bank and its competitors. The purpose of the tool is to illustrate the methodology behind Nomis’ Pricing Science. Any numbers or scenarios generated by this tool should be used for conceptual purposes only and should not be used to inform business strategy, pricing, or as an input to any model or tool to inform business strategy or pricing. Before you start changing your deposit rates, give us a call!
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