Banks News NYC

Chimney Adds 12 Banks to Client Roster

NEW YORK — Chimney, a provider of interactive financial tools for banks and credit unions, now features over 30 banks across the country on the client roster. Using Chimney’s interactive financial tools, these banks offer personalized digital experiences that generate deposits, and drive new customer acquisition and expanded wallet share.

Among the newest banks to partner with Chimney include:

With Chimney’s embedded financial tools, these banks can engage more customers digitally, generate core deposits, and fund more loans with intelligent recommendations that guide customers to the right products. The company’s solutions, which include its award-winning financial calculators, are designed to help banks cultivate strong customer relationships and capture more data to grow wallet share. The company’s new clients will also have access to Chimney Home, which elevates the online banking experience for homeowners by giving them the tools, data, and insights they need to manage their biggest investment.

“Deposit retention and acquisition is top-of-mind for most financial institution executives in 2024. Chasing deposits with conventional tactics, like offering the highest rates, is not always best for a bank’s balance sheet, nor does it always mean it’s the best product offer for a given customer,” said Matthew Covi, co-founder and CEO of Chimney. “Chimney’s product suite addresses these challenges. Our suite of interactive tools sets banks on the path toward deeper depositor relationships through increased engagement, more informed product offers and better opportunities to cross-sell. We’re honored to partner with our growing network of community banks and empower them with the technology they need to foster deep customer relationships in any economic climate.”