Frost Bank Report August 2024 | Page 12

Frost Bank and Atomic :

A Partnership Driving Success

We consider Atomic one of our key partners as we continue to grow . We look forward to Atomic continuing to develop new products , so we can keep adopting them . Atomic is in tune with where banks are headed and developing products to meet their needs .
Frost Bank , known for its legendary customer service , is currently one of the fastest-growing banks in the country . A factor in this impressive growth is their partnership with Atomic , whose direct deposit product has significantly enhanced Frost ' s onboarding process and customer retention . By leveraging Atomic ’ s innovative technology and expertise , Frost Bank has solidified its position as a leading financial institution , demonstrating how strategic collaboration avnd a focus on consumer needs can drive remarkable success .
Frost ' s low attrition rates are a testament to their strong customer relationships . Atomic plays a crucial role in this success as deposit acquisition is important to deepen customer relationships , become the customer ’ s bank of choice , and establish Frost as the primary banking relationship .
Both Frost and Atomic focus heavily on consumer needs when developing and launching new products . Frost often relies on Atomic ’ s best practices and expertise in financial institutions , which has been instrumental in Frost ’ s continuous growth .
Frost ’ s implementation of Atomic ’ s direct deposit solution was remarkably fast and smooth . The development teams from both companies worked seamlessly together , making this the fastest implementation of any traditional financial institution to go live with Atomic ' s solution .
Laura Miller
EVP Consumer Strategy & Digital , Frost Bank
Key Achievements
High Conversion Rates
Frost Bank has achieved the highest conversion rates among Atomic ’ s clients .
Low Attrition Rates
Frost maintains one of the lowest attrition rates in the industry by quickly acquiring direct deposits and then maintaining customer relationships .
Shortened Time to Funding
Frost Bank has seen significant improvement in time to funding with direct deposit switch , enhancing customer satisfaction and operational efficiency .
Frost Bank ' s partnership with Atomic highlights the power of collaboration and a strong focus on customer needs , driving impressive results and solidifying Atomic ’ s position as the leading direct deposit solution provider .
XXXXXX CEO , Company
atomic . financial