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A Message From Our Team
Happy October! 🎃 Fall into our latest batch of updates designed to make managing your financial institution even smoother. This month, we're excited to highlight new features for the Banno Support app case queue, seamless browser-based key generation for developers, the launch of our new Origination Pilot & Beta Hub for lending and deposits, and so much more. Dive in below to see what's new!
DDA Interest Display for Treasury Management
Based on the popularity of an IdeaLab request, we gave you Loan Interest Rate viewing last year. Thanks to another popular IdeaLab request, now it’s time to deliver the same for Demand Deposit Accounts (DDA)! Deposit Interest Display is coming to Treasury Management at the close of business on August 11. This is a baseline change that cannot be disabled, so you’ll want to be sure that your customers are aware of the changes headed their way.
This enhancement will surface these new fields in the Accounts widget (Details) as well as Account Transactions to help your Treasury users better understand their interest:
- Interest Rate
- Accrued Interest
- Interest Paid YTD
- Interest Paid Previous YTD
We will also send a follow-up SLA once this feature is live!