For Immediate Release
Contact:
Mike Moebs
800-237-3317, ext. 15
Moebs $ervices Offers Free Expense Control Book of Numbers to Qualifying Institutions
LAKE BLUFF, IL—Despite the fact that U.S. households have deposited $282 billion into deposit accounts over the past eighteen months and deposits have grown 20% a year since 1999, financial institutions continue to experience a dramatic drop in margins. The Expense Control Book of Numbers, a biannual report compiled by leading economic research and consulting firm Moebs $ervices, is an indispensable resource for financial professionals who recognize controlling expenses is the key to long-term growth in today’s business climate.
Since the Federal Reserve stopped publishing Functional Cost Analysis, the Expense Control Book of Numbers is the only data source of its kind. Financial institution decision-makers rely on this 150-page report of 57 non-interest expenses categories, general financial information and non-dollar data to:
- Benchmark performance
- Compare trends
- Validate decisions
- Set expense goals
- Develop budgets
- Contain costs
Moebs $ervices is now in the process of conducting their Expense Control Survey. CEO Mike Moebs invites all qualifying institutions to participate in this survey by logging onto www.moebs.com or calling 800-237-3317. Surveys can be e-mailed, faxed or mailed to Moebs $ervices upon completion. As a thank you for the 45-minute time investment, participating institutions will receive a complimentary copy of the Expense Control Book of Numbers, valued at $1,295.
For more information call 800-237-3317, ext. 10.
About Moebs $ervices
Moebs $ervices (www.moebs.com) is a leading economic research firm providing financial institutions with the data, understanding and actions necessary to generate growth and retain—or regain—competitiveness for their organizations.
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