Case Study: Axos Bank achieves 30% growth in deposit volume with Q2 ClickSWITCH

Axos Bank boosts deposit volume 30% with Q2 Software

Axos Bank faced a challenge with a cumbersome, manual process for customers switching their direct deposits, which led to inefficiencies and delays. To improve this and increase deposit volume, they turned to Q2 and its Q2 ClickSWITCH solution.

By implementing Q2's ClickSWITCH, Axos Bank automated the direct deposit switching process with a seamless digital experience. The partnership with Q2 delivered significant results, including a 30% growth in deposit volume for associated accounts, an 80% engagement-to-request rate for the feature, and 70% of customers maintaining ongoing direct deposits.

Axos Bank