Commercial banks are the main players in the financial system of Ethiopia performing financialrnintermediation. They control greater portion of the investment funds from domestic deposits and arernthe main creditors of the corporate bodies, micro finance institutions and individuals in variousrnsector of the economy. The purpose of this study therefore was to identify the most effective andrnefficient ways commercial banks in Ethiopia employ to maximize the volume of domestic deposits.rnThus, the study aims to evaluate the design of bank products and services, assess their effectivenessrnof harnessing domestic deposits and challenges they face in mobilizing deposits. This research hasrnused relevant books, journals, annual reports, websites, and other publications to frame questions.rnData from commercial banks on deposits they received from 2005 to 2014 and from in-depth-rninterview were used to analyze and the come to conclusion. Results from the analysis indicated thatrndeposits mobilization of Commercial Banks in Ethiopia shows anrnupward trend but the rate ofrnannual increment is at a decreasing rate. Total deposit is dominated by the public bank (CBE) .Thernbank also dominates the industry in financing the economy through loan. However, the competitionrnamong commercial banks is very critical to enhance efficiency in the overall contribution of thernbanking sector to the economy. The study also reveals significant contribution of branch network inrnthe domestic resource mobilization of commercial banks in Ethiopia. The studyâ€™s recommendationsrnis that private commercial banks should be aggressive and more competitive in terms their financialrnmobilizing through increasing branch network and availing different product to bank users